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Six-day Southern strike slashed in half, but mayor wants more

Wed, 04th Jan 2017 10:11

(ShareCast News) - Long-suffering commuters on Southern Railway services were handed some reprieve on Wednesday, with the news a planned six-day drivers strike was to be halved.Drivers belonging to the Aslef union were due to walk out for six days from 10 January, wreaking havoc in the first full working week of the year.The action will now only last for three days, with normal service resuming from 14 January.It wasn't enough for London mayor Sadiq Khan, however, as he called for the remaining three day strike to be called off and for Aslef and Southern to return to the negotiating table.But the union's general secretary, Mick Whelan, said it was not rolling back on the dispute, and he warned of further strikes.The dispute stemmed from Southern's plan to change the role of guards on some of its long distance services, giving door responsibilities to drivers.Unions have said that would be a slippery slope towards the removal of guards altogether, although Southern pointed out that its metro operations in London have been driver-only operated for a number of years.Southern is a part of Govia Thameslink Railway - a joint venture between FTSE 250 firm Go-Ahead and French company Keolis - which also includes the Thameslink, Great Northern and Gatwick Express operations.
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7 Oct 2020 17:06

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7 Oct 2020 09:36

UK BROKER RATINGS SUMMARY: Citi Upgrades FirstGroup, National Express

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2 Oct 2020 15:40

UK DIRECTOR DEALINGS SUMMARY: Go-Ahead Finance Chief Brian Buys Shares

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2 Oct 2020 09:44

UK BROKER RATINGS SUMMARY: Morgan Stanley Raises IMI To Overweight

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1 Oct 2020 15:19

Canaccord Genuity slashes target price on Go-Ahead Group

(Sharecast News) - Analysts at Canaccord Genuity slashed their target price on transport operator Go-Ahead Group from 1,500.0p to 950.0p on Thursday after the Covid-19 pandemic took its toll on the firm.

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24 Sep 2020 09:52

Go-Ahead Skips Dividend Payout Amid Swing To Annual Loss

Go-Ahead Skips Dividend Payout Amid Swing To Annual Loss

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24 Sep 2020 09:02

Go-Ahead profit slightly better than guidance

(Sharecast News) - Go-Ahead predicted profit at its London and international bus division would be little changed as the transport operator reported group profit slightly better than its expectations.

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24 Sep 2020 07:47

UPDATE 1-Go-Ahead warns of uncertainty on second-wave fears

(Recasts, adds detail)LONDON, Sept 24 (Reuters) - UK transport operator Go-Ahead said that it was now running more than 90% of its bus and rail services across the country but the pandemic was causing uncertainty over its outlook.For the 12-months...

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24 Sep 2020 07:18

Go-Ahead posts profit slightly ahead of guidance

LONDON, Sept 24 (Reuters) - UK transport operator Go-Ahead posted profits for the 12-months to 27 June slightly ahead of its guidance, and said that after the pandemic it was starting to run 90% of its services again.Go-Ahead posted annual operati...

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21 Sep 2020 12:05

LONDON MARKET MIDDAY: Lockdown Fears Slam Travel And Pub Stocks

LONDON MARKET MIDDAY: Lockdown Fears Slam Travel And Pub Stocks

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21 Sep 2020 09:56

UPDATE: UK Rail Franchising "Ended" With Revised Emergency Measures

UPDATE: UK Rail Franchising "Ended" With Revised Emergency Measures

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21 Sep 2020 07:41

UPDATE 1-Britain extends emergency funding for railways ahead of contract shake-up

(Recasts, adds detail, background)LONDON, Sept 21 (Reuters) - Britain extended emergency pandemic funding to keep its rail network moving, providing private train companies with less lucrative temporary contracts ahead of a shake-up of the way the...

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21 Sep 2020 07:41

UPDATE 2-Britain extends COVID funding for railways ahead of contract shake-up

(Adds background, detail, comments)By Sarah YoungLONDON, Sept 21 (Reuters) - Britain extended state support to keep its rail network moving during the pandemic, providing private train companies with less lucrative temporary contracts ahead of a s...

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21 Sep 2020 07:41

Go-Ahead and FirstGroup get extensions to Covid rail bail-outs

(Sharecast News) - The Department for Transport confirmed extensions to the emergency measures on a number of rail franchises on Monday, protecting operators from continued depressed passenger demand as a result of the Covid-19 pandemic.

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21 Sep 2020 07:16

UK train companies sign new contracts with government

LONDON, Sept 21 (Reuters) - UK train companies Go-Ahead and FirstGroup said they had signed new contracts with the government to keep running rail services for the next 6-18 months, after earlier emergency pandemic measures came to an end.Under t...

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