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US investor rails at First Group ‘cancer’ [Subscription]

The largest shareholder in First Group has launched a furious attack on the board of the train and bus operator after calling for an extraordinary general meeting in an attempt to remove half of the directors. The attempted coup if successful would see the comeback of Steve Norris, a Conservative transport minister during the time of privatisation more than 20 years ago, who was once a Tory candidate for mayor of London.

Leeds ‘could get supertram if HS2 scrapped’

Leeds could get its long-discussed supertram if the Government scrapped its controversial HS2 high speed project, an influential pressure group says today.

Tuesday, 14 May 2019

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  • US bid to oust board at Scots bus and rail giantFIRSTGROUP is facing an attempt to remove more than half of its board, including its chief executive and chairman, by its biggest shareholder, which has slammed the performance of the bus and rail giant.

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  • Coast isn’t so clear for First Group [Subscription]Everyone enjoys a mystery trip to nowhere — except, of course, First Group’s shareholders. They’ve had a downhill ride for the past decade. But here’s a question: would things be any better with Steve “Shagger” Norris at the wheel?
  • US investor rails at First Group ‘cancer’ [Subscription]The largest shareholder in First Group has launched a furious attack on the board of the train and bus operator after calling for an extraordinary general meeting in an attempt to remove half of the directors. The attempted coup if successful would see the comeback of Steve Norris, a Conservative transport minister during the time of privatisation more than 20 years ago, who was once a Tory candidate for mayor of London.

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  • New GWR IETs under fire over lack of buffetsTHE RMT has been holding demonstrations today at London, Swansea and Plymouth about the lack of buffets on GWR’s new Intercity Express Trains. Surfers have also been protesting about the simultaneous withdrawal of space to carry their boards.

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