FirstGroup to sell Worcestershire bus operations

Row of FirstGroup buses In November, the company said half-year bus profits were down £20m

Related Stories

Transport firm FirstGroup is to sell its bus operations in Worcestershire.

It confirmed on Thursday the sale of services in Kidderminster and Redditch for £1.5m. The move follows the recent sale of operations in Birkenhead and Chester for £4.5m.

In November, the company said half-year bus profits were down £20m to £39m compared to the same period last year.

FirstGroup, which was due to takeover the West Coast Mainline, runs about 8,000 buses in 40 UK towns and cities.

The company beat Virgin Trains to win the 13-year franchise but the decision to award it to them was scrapped in October due to errors by Department for Transport staff in the bidding process.

In a statement about its current trading situation, FirstGroup said it was seeing "positive signs".

"While there remains considerable work to be done across our UK bus division, we are encouraged by early positive signs in some of our markets."

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

Weather

Worcester

Min. Night 15 °C

Features

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.