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If it happened, it would mean the two main rail arteries linking London to Scotland would be effectively nationalised' and run by the state...The deadline for the franchise hand-over from loser Virgin to winner First Group ends on December 9. But the
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Published in Investing on 28 August 2012 It's a hard life being contrarian.....Going against the crowd is (by definition) a solitary pursuit. Every time I write an article about a contrarian play, I seem to face a wall of opprobrium and disdain...But
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Suggested Topics I am now sorry that I didn't enter the bidding for the rail franchise from London to the North-West and Scotland. I would have offered to pay the Government £20bn, and promised a free massage for every customer, on-board catering by
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Published in Investing on 14 May 2012 A Fool goes in search of the latest bargains. "Never catch a falling knife", people say, because a share that has fallen may keep on falling. I would beg to differ; if you have the skill to buy in near the bottom
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The Government has fired the starting gun on its £2bn train-franchising programme, asking operators to bid to run the Thameslink, Great Western and Essex Thameside routes for up to 15 years. The Thameslink contract from Bedford to Luton via St
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Published in Investing on 17 August 2011 Customers are suffering, but could investors profit?...With the retail price index (RPI) at 5%, train ticket prices are going up a whopping 8%. What's more, train fares are going up at a rate of RPI+3% for the
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First Group shares fall on warning about school bus arm First Group owns or operates more than 70,000 school and transit buses in the US. Shares in First Group fell despite the transport group saying it was on course to meet earnings and cash targets.
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Winter weather hit First Group profits, with the firm's ScotRail operations particularly badly hit...But its ScotRail franchise, which operates train services north of the Border, "bore the brunt" of the wintry conditions that saw services cancelled
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Known as First GBRf, the freight business employs 300 people and transports coal, chemicals and other materials around the country. First acquired the business in 2003 and sales last year were nearly £60m. Chief executive of First Group, Sir Moir
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UK bus, UK rail, North America and Greyhound. In the UK, its passenger rail franchises include First Capital Connect, First Great Western and First ScotRail. First Group is the UK's largest bus operator, with 21 per cent of the market, whilst its
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