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Stagecoach withdraws from rail to focus on UK bus market

Public Transport

Andrew Forster
05 July 2019
 

Stagecoach is to focus almost entirely on the UK bus and coach markets, saying it will not bid for any rail franchises unless the Government changes the risk profile.  

Presenting preliminary results for the year ending 27 April, Stagecoach chief executive Martin Griffiths said: “I am pleased to report good financial results as we reposition the business. We continue to focus on driving growth at our core high quality bus and coach operations in the UK, but we have no intention to...

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