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We’ll focus our bus spend in pro-bus councils areas – First

PUBLIC TRANSPORT

Andrew Forster
24 November 2017
 

FirstGroup is cutting back vehicle replacement in its UK bus business, and will concentrate spending in places where local authorities are doing most to promote bus travel. 

The operator announced the policy alongside half-year results that showed revenues up and adjusted operating profits flat, but statutory operating profit down.  

Said FirstGroup: “We are investing in First Bus at lower levels than the prior year as we begin to focus our capital budget only on those markets...

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