GOG.L Share News (GOG)

Southern operator Go-Ahead finishes year ahead

(ShareCast News) - Passenger transport operator Go-Ahead Group posted its preliminary full-year results for the year to 2 July on Friday, with its overall results slightly ahead of management expectations. The FTSE 250 firm achieves its £100m bus target, with adjusted operating profit there up 8% to

Go-Ahead, part-owner of Southern rail, posts higher profits

LONDON, Sept 2 (Reuters) - Transport group Go-Ahead, one of the companies behind the strike-hit Southern rail network in Britain, reported a 17 percent rise in annual profits, boosted by strong demand for bus and train travel. Go-Ahead posted adjusted operating profit of 157.4 million poun

Government throws £20m at Go-Ahead's Southern problem

(ShareCast News) - Westminster sent in a so-called 'hit squad' to deal with the struggling Southern Railway franchise on Thursday, as passengers continued to face severe disruption on the ailing operation. Transport Secretary Chris Grayling has given a team of "experienced figures" from the rail ind

UK to provide 20 mln stg for struggling Southern rail service

LONDON, Sept 1 (Reuters) - The British government said it would provide 20 million pounds ($26 million) to help improve services on the privately run Southern rail network, after passengers suffered months of strikes, cancellations and delays. The funding would be used to increase the numb

Rail fares to increase 1.9% in 2017 after RPI inflation rises

(ShareCast News) - Regulated rail fares in England, Scotland and Wales are due to increase by 1.9% from January 2017 based on official retail price inflation increases announced on Tuesday. After the Office for National Statistics showed the retail price index (RPI) rose 1.9% in July, up from 1.7% i

UPDATE 1-Britain's new government awards rail contract to Abellio

(Adds background) LONDON, Aug 10 (Reuters) - Dutch-owned Abellio East Anglia has been awarded a renewed contract to run rail services in eastern England in one of the first such decisions made by Britain's new government. The deal included a 1 billion pound ($1.3 billion) contract for

UPDATE 1-Travel misery for London commuters as union begins 5-day strike

(Adds PM spokeswoman) LONDON, Aug 8 (Reuters) - Hundreds of thousands of train commuters in London and southern England were facing misery on Monday as rail staff began a five-day strike in a safety row over who opens and closes the doors. Southern, which runs trains from destinations

Claire Perry resigns as rail minister as Southern chaos continues

(ShareCast News) - Rail minister Claire Perry fell on her sword on Friday, and resigned, as the poor performance of Southern Railway continued to plague commuters. The Department for Transport gave no reason for her resignation, which she reportedly turned in on Thursday evening, though earlier in t

Khan calls for Southern Rail to be taken from Go-Ahead's Govia

(ShareCast News) - Mayor of London Sadiq Khan has called for the Southern Rail franchise to be withdrawn from train company Go-Ahead Group after months of delays and cancellations. After passengers staged a protest on Monday at Victoria station labelling the service "Southern Fail", Khan sympathised

Minister tells Southern Railway to pull up its socks

(ShareCast News) - Under-fire train operating company Southern Railway has been warned by the rail minister to pull up its socks - or risk having its parent company barred from bidding for any future franchises. The operator is responsible for routes in south London and the south of England, primari

Southern axes 15pc of timetable, suspends routes

(ShareCast News) - Train operator Southern Railway has brought down the axe on hundreds of services across its network, in a bid to stem ongoing cancellations, delays and disruption across its network in London and southern England. Southern is part of Govia Thameslink Railway, which is 65% owned by

BUZZ-Go-Ahead: Investec upgrades, cites low exposure to GDP changes

** Public transport operator rises as much as 5.2 pct after Investec raises rating on stock to 'buy' from 'add' ** Investec says only about 1/3 of co's business directly exposed to GDP changes ** Note adds that Regional bus business most exposed; GTR unit does not have revenue riskRead more

Rail operators to crack down on London fare dodgers

(ShareCast News) - Rail operators plan to go after fare dodgers over the summer, teaming up with transport police to catch those responsible for losses said to be more than £200m each year. It's understood the campaign will see revenue inspectors - many assisted by British Transport Police officers

BROKER RATINGS SUMMARY: HSBC Raised But Barclays, Lloyds And RBS Cut

BROKER RATINGS SUMMARY: Berenberg Cuts BAE Systems To Hold From Buy