Archived News Stories
CBW This Week
| Analysts predict Stagecoach bid for Natex | 25 August 2010 |
Stagecoach trading statement shows UK bus business growth of 2% while Megabus revenue is up 7% in US
Analysts have predicted that a Stagecoach bid for National Express, which has a major presence in the North American and Spanish bus markets, could be on the cards.
The prediction by global financial services firm UBS came in response to an interim trading statement for the 12 weeks to July 25, which saw a revenue rise of just under 7% for its North American coach operation Megabus, compared to a 2% growth of its UK bus business, like-for-like.
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| Arriva and First reach partnership truce in Chester | 25 August 2010 |
New Voluntary Quality Partnership boost for Chester
A truce has been called between Arriva and First in the North West over the right to serve more than 16,000 Chester residents.
For over two years residents in Blacon and Saughall have complained of too many buses flooding their roads as Arriva and FirstGroup battled it out for passengers. But the competitors have now promised to work together to a timetable drawn up by the council.
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| Shaws of Maxey boss backs Cameron’s tourism aim | 25 August 2010 |
David Cameron says UK not making the most of tourism
The boss of Cambridgeshire family-run coach operator Shaws of Maxey has welcomed the Prime Minister's aim to put Britain in the top five of tourism destinations.
David Cameron – who is taking his holiday in Cornwall this year – said tourism in Britain had been "looked down on as a second-class service sector for too long." He said tourism was one of the best and fastest ways to generate new jobs, and pledged a massive effort to put the "great" back in Britain.
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| Battle for BSOG: ATCO writes to Norman Baker | 25 August 2010 |
Chairman says any significant changes would result in "effect on the ability of the bus market to operate commercially"
The battle for BSOG (Bus Service Operators' Grant) continues this week after the Association of Transport Coordinating officers (ATCO) mounted further pressure on Norman Baker MP, Parliamentary Under Secretary of State for Transport.
In a letter dated August 23, ATCO chairman Toney Moreton says the organisation has "significant concerns about the likely future effects on the travelling public" of the current government review.
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