Lacklustre high street hits First’s bus business
UK bus revenue was flat in the final quarter of 2015
FirstGroup has warned that its full year 2015/16 profits will be hit by lower than expected patronage at its UK bus division and further cost increases at its US school bus business.
In a trading update covering the last three months of 2015, First said bus passenger numbers in the UK had been affected by fewer people than expected using high street shops in the run up to Christmas, and flooding in the north of England. UK bus rev
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