Company
FirstGroup PLC
LON:FGP
FirstGroup plc is engaged in the provision of passenger transport services. It operates in four divisions: Bus, UK Rail, North America and Greyhound.
230 stories · page 1 of 3
Rail union RMT agrees to halt strikes until next spring
Train drivers are still going ahead with industrial action from the the start of December
Government urged to commit funding for new Elizabeth Line trains
An open letter called for the government to unlock funding for five new Elizabeth Line trains
FirstGroup teams up with Hitachi to supply electric bus batteries
Hitachi will supply batteries to FirstGroup and other fleet operators
FirstGroup arm Avanti awarded new West Coast contract
CrossCountry also given new eight-year contract
Two more days of rail strikes announced by drivers' union Aslef
The Conservative Party conference this year is being held in Manchester from 1 to 4 October
Network Rail clashes with union again as striking workers miss bonuses
The eight-month-long dispute had ended in March after Network Rail offered pay increases to striking workers
Wimbledon fans to be hit in latest rail action
A ban on rail drivers working overtime will likely hit fans travelling to Wimbledon this week
FirstGroup forecasts bumped up amid UBS analysts’ optimism
UBS analysts were optimistic about the years ahead for FirstGroup
Rail strikes steam on ahead of big weekend of sport
Rail strikes take place on Friday and Saturday, likely hitting football, cricket and horse racing fans
FirstGroup stripped of TransPennine franchise after 'continuous cancellations'
Staff shortages, sickness and a lack of overtime working were blamed for the disruption
Rail talks hit dead end, strikes spell Easter travel chaos
Rail negotiations have ground to a halt, according to RMT union, as Easter travellers are hit by strike action elsewhere
Archive
FTSE 100 ends the week in the red on banking sell-off as US recovers
London's blue chips have tumbled led by a sell-off in banking stocks over fears of the health of the US banking sector
Network Rail strikes cancelled as new offer tempts RMT
Network Rail staff will no longer strikes on 16 March, after RMT received a new pay offer
FirstGroup to bolster electric fleets with 117 new buses
FirstGroup announced it would purchase 117 new buses in the coming year, as it aims to run several fully electric fleets by March 2024
New company will control UK railways as industry ‘not fit for purpose’
Transport secretary Mark Harper suggested any other industry 'would have collapsed years ago,' as he announced a host of reforms for the rail network
Rail strikes set to continue after pay offer rejected
Drivers from 15 rail operators will strike on Wednesday 1 and Friday 3 February after Aslef union rejected an offer from National Rail
PM spokesman hints at progress in rail strike talks
Thursday's meetings hinted towards progress, as negotiators work towards a "revised offer"
ScotRail workers threaten strikes every weekend in run up to Christmas
RMT has threatened ScotRail strikes on every Friday and Saturday before Christmas
Further rail strikes in November set to cause five days of disruption
National Rail workers will strike on 3, 5 and 7 November, affecting services in all areas of the country, as part of an ongoing dispute over pay and conditions.
Avanti West Coast warned to improve after contract slashed to six months
Avanti blamed a shortage of drivers for the problems
Truss commits to a further £25bn of spending for northern rail link
“It will stop at Bradford. I'm very clear about that,” the prime minster told ITV
More unions join rail strikes planned for early October
Unions had cancelled strikes that were planned for last week following the passing of Queen Elizabeth II
FirstGroup to sell legacy Greyhound property portfolio for US$140mln
The more than US$160mln generated by the sale of the Greyhound assets since the start of the year is above expectations
FirstGroup's value highlighted by Berenberg as bid deadline nears
Analysts at the bank believe the transport operator could be set to return £800mln over the next three to five years
Train operators propose scrapping peak and off-peak fares
Surge pricing models similar to those used by airlines and Uber could well come into play for train travel
Travel disruptions due to hot weather will increase, warns UK minister
Transport secretary Grant Shapps warns, "We’re going to see this a lot more regularly"
UK government unveils Northern rail plans as record heat shuts down network
Most rail services n the North of England are being scrapped or severely curtained today
More train strikes announced for August
"We remain open for talks, but we will continue our campaign until we reach a negotiated settlement," said RMT bosses
UK national train strike coming this summer
The dates for a potential strike have not yet been confirmed by unions
More rail strikes possible as rail drivers hold ballots
Aslef called ballots for industrial action at 12 rail companies
Rail travellers looking at “spectacularly painful” train fare hikes says commentator
"Regulated fares are linked to RPI in July. The most recent figures we have are for May when RPI was 11.7% "
Archive
FIVE at FIVE: FTSE100 slips, US recession looming, crypto’s in doldrums, BA's summer of strikes, bus and rail sexy?
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
FirstGroup wins three-year contract renewal for Great Western Railways
FirstGroup said it aimed to be the “partner of choice for low- and zero-emission transport”
Cyclical stocks still a good bet ahead of recession, says broker
FirstGroup (buy), Trainline (buy), and Serco (buy) are the UK additions to the portfolio
FirstGroup board rejects US private equity offer
The travel group's major shareholder had called the offer "unattractive"
FirstGroup shareholders object to £1.2bn takeover bid from US private equity firm
FirstGroup's biggest shareholders say the £1.2bn offer from American private equity firm must be unconditional before they will accept it
What does $1.8trn of private equity 'dry powder' mean for public markets?
Record money chest funds a flurry of take-privates in evergreen sectors
FirstGroup considers £1.2bn private equity offer
Company evaluating approach from US private equity (PE) firm I Squared Capital Advisors, subject to final results of sale of US businesses Greyhound and First Transit
'Great British Rail Sale' will cut fares by as much as 50% but not for commuters
Advanced and off-peak rail tickets prices are to be cut by up to 50% in April and May
FirstGroup says trading in line with bus passenger volumes at 70% of pre-pandemic levels
“Although the restrictions implemented by government as a response to the omicron variant temporarily reduced demand levels, we are encouraged by the improving passenger volume trends subsequently,” the transport group said
FirstGroup keeps full-year guidance but flags uncertainty around pandemic
The company intends to start regular dividend payments within the next 12 months
FirstGroup to return £500mln through tender offer
Coast Capital has agreed to the terms even though it was highly critical of the sale
FirstGroup takes full control of Hinkley Point shuttle
FirstGroup is paying JJPH £8.4mln on completion with a potential deferred consideration of up to £1.6mln.