Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

Cardiff Council loans bus firm £1m

11 March 2013
 

Cardiff Council is to loan municipally-owned Cardiff Bus £1m to finance new vehicles and vehicle refurbishments. The company has not purchased any new vehicles since 2009 and did not pay the council a dividend in 2012/13. The loan is to be repaid after three years....

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