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Pin to quick picksFirstgroup Share News (FGP)

Share Price Information for Firstgroup (FGP)

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Share Price: 171.00
Bid: 171.40
Ask: 171.70
Change: 0.50 (0.29%)
Spread: 0.30 (0.175%)
Open: 173.80
High: 176.00
Low: 171.00
Prev. Close: 170.50
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Sunday newspaper round-up: Brexit, Morrisons, Extinction Rebellion

Sun, 06th Sep 2020 12:28

(Sharecast News) - The Brexit negotiations will be over in days unless the EU realises Britain is serious about no-deal, government sources have warned. The eighth round of talks with Brussels begin on Tuesday, with progress crucial if the two sides are to finally reach an agreement. It comes as the Telegraph reported on Saturday that the EU's chief negotiator Michel Barnier is to be sidelined in a bid to break the deadlock. But as the deadline on the discussions fast approaches, No 10 insiders say there will be no deal unless the bloc shows "more realism" on the "scale of the change that results from our departure". - Sunday Telegraph



Supermarket giant Morrisons is poised to slash the price of hundreds of products as the industry braces for a major price war this autumn. The chain will tomorrow cut prices by an average of 23 per cent on 400 products, including fruit and vegetables, meat, poultry, bread, breakfast cereal, rice, toilet rolls and cleaning products. The launch counters a separate move this weekend by rival Asda which has set aside £100million for a price campaign that will also see its Asda Price 'pocket tap' revived. - Mail on Sunday

Ministers and MPs from all parts of the political spectrum have condemned Extinction Rebellion for blocking the delivery of newspapers across the UK on Saturday. Four national newspapers, including the Sun and the Daily Mail, were missing from some newsagents' shelves on Saturday morning after more than 100 environmental protesters targeted printing presses owned by Rupert Murdoch's News Corp on Friday evening. - Guardian

A row has erupted between Heathrow airport and British Airways over the plans to hand airlines a £500m bill relating to the airport's controversial third runway. A regulatory consultation recommends allowing Heathrow to charge carriers for expansion costs incurred until February this year. Judges blocked Heathrow's controversial £14bn expansion seven months ago over climate change concerns - but not before the airport spent hundreds of millions of pounds in preparation. - Sunday Telegraph

Britain will not 'blink' in crunch Brexit talks this week, Boris Johnson's chief negotiator has declared, in a marked ratcheting up of pressure on Brussels. In an exclusive interview with The Mail on Sunday, Lord Frost warned his EU counterpart Michel Barnier the UK would not become a 'client state' of Brussels by accepting restrictions on fishing rights and vetos of our laws. - Mail on Sunday

Some of the world's biggest buyout funds are circling FirstGroup's American business as the top investor in the embattled bus and rail operator launches a fresh boardroom coup. The Sunday Telegraph has learnt Canary Wharf owner Brookfield, Apollo Global Management and KKR are among a slew of potential suitors for FirstStudent and FirstTransit. Sources said FirstGroup's financial advisers had restarted a sales process in recent weeks and attracted significant private equity interest. - Sunday Telegraph

Tourism hotspots across the UK are extending the domestic season through autumn to recover business lost during the coronavirus lockdown. Blackpool's illuminations will light up the seafront two months longer than usual, until January, while holiday park operator Haven will keep 16 of its holiday parks open for an additional four weeks until the end of November. Pembrokeshire and Cornwall are among the UK destinations following suit. - Guardian

Remote working could deal a blow of £15.3bn a year to the economy due to the impact on cleaners, coffee shops and security guards, according to accountancy firm PwC. The dent to GDP - about 1% - would be caused by lower spending from workers who are at home, and the knock-on impact of lower spending power for those who rely on them for work. - Sunday Times

Consumers are being asked to rifle through their bins in order to weigh and record their daily food waste, in an ambitious trial that aims to reduce the 6.6m-tonne mountain of food thrown away by UK households every year. The UK's largest supermarket, Tesco, has linked up with the environmental charity Hubbub to run the six-week experiment in which families will receive advice on meal planning and food storage along with recipe tips for using up leftovers. - Guardian



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27 Jul 2021 07:35

UPDATE 2-FirstGroup chief quits day after top investor calls for his exit

* Gregory says resignation not linked to Coast Capital's demands* FirstGroup names Chairman Martin as interim executive chairman* FY adjusted operating profit up 46% to 101.9 million pounds (Adds CEO quotes, detail)By Yadarisa ShabongJuly 27 (Reu...

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27 Jul 2021 07:35

UPDATE 3-FirstGroup chief quits day after top investor calls for his exit

* Gregory says resignation not linked to Coast Capital's demands* Coast welcomes 'long overdue' resignation* FirstGroup names Chairman Martin as interim executive chairman* FY adjusted operating profit up 46% to 101.9 million pounds (Adds Coast C...

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27 Jul 2021 07:35

UPDATE 1-FirstGroup CEO steps down after investor demands his resignation

(Adds results)LONDON, July 27 (Reuters) - British transport company FirstGroup said Chief Executive Matthew Gregory plans to step down in September, a day after its biggest shareholder demanded he resign.New York-based Coast, which owns a roughly ...

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27 Jul 2021 07:12

FirstGroup CEO steps down after investor demands his resignation

LONDON, July 27 (Reuters) - British transport company FirstGroup said Chief Executive Matthew Gregory planned to step down in September, the day after its biggest shareholder demanded he resign.New York-based Coast, which owns roughly 15% in First...

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27 Jul 2021 07:02

FirstGroup CEO steps down after pressure from Coast Capital

(Sharecast News) - FirstGroup chief executive Matthew Gregory has decided to step down after pressure from major shareholder Coast Capital as the company swung to a full-year profit.

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26 Jul 2021 10:10

Coast Capital calls for FirstGroup CEO, two directors to resign

(Sharecast News) - US private equity investor Coast Capital on Monday escalated its war on First Group as it called for the resignation of the transport firm's chief executive Matthew Gregory, along with two other board members.

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22 Jul 2021 11:42

TOP NEWS: FirstGroup lifts shareholder payout after US unit sales

TOP NEWS: FirstGroup lifts shareholder payout after US unit sales

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22 Jul 2021 09:26

UPDATE 3-FTSE 100 dragged down by Unilever, positive earnings push mid-caps

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Unilever top FTSE 100 loser, cuts margin guidance* FirstGroup jumps on increase in shareholder returns* Workspace jumps on strong office sp...

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22 Jul 2021 09:26

UPDATE 2-Earnings boost lifts London mid-caps, Unilever slides

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Unilever top FTSE 100 loser, cuts margin guidance* FirstGroup jumps on increase in shareholder returns* Workspace jumps on strong office sp...

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22 Jul 2021 08:56

FirstGroup increases shareholder payout to £500m from US sale

(Sharecast News) - UK transport operator FirstGroup on Thursday said it was increasing shareholder returns by £135m after completing the sale of its US bus assets to private equity firm EQT Infrastructure.

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20 Jul 2021 15:53

UK earnings, trading statements calendar - next 7 days

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7 Jul 2021 06:17

FirstGroup cheers GBP227 million UK funding for regional buses

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30 Jun 2021 12:17

LONDON MARKET MIDDAY: Stocks slide ahead of US ADP jobs report

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21 Jun 2021 11:47

Flexible train season tickets go on sale in England amid rail reform

Flexible train season tickets go on sale in England amid rail reform

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