Less Ads, More Data, More Tools Register for FREE
Sponsored Content
Don't want ads? Click here
Sponsored Content
Don't want ads? Click here

Pin to quick picksNEX.L Share News (NEX)

  • There is currently no data for NEX

Watchlists are a member only feature

Login to your account

Timelines are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

National Express To Temporarily Suspend All Coach Services Until March

Fri, 08th Jan 2021 05:57

(Alliance News) - National Express Group PLC is to suspend its network of coach services due to tighter coronavirus restrictions and falling passengers numbers.

The firm said that all of its coach services will be temporarily suspended from 1159 pm on Sunday and all journeys before Monday will be completed to ensure passengers are not stranded.

All customers whose travel has been cancelled will be contacted and offered a free amendment or full refund, it added.

Chris Hardy, managing director of National Express UK Coach, said the decision will be reviewed regularly and the company plans to be back on the road "as soon as the time is right".

He said a provisional restart date of Monday March 1 has been put in place.

Hardy added: "We have been providing an important service for essential travel needs.

"However, with tighter restrictions and passenger numbers falling, it is no longer appropriate to do this.

"As the vaccination programme is rolled out and Government guidance changes, we will regularly review when we can restart services.

"We plan to be back on the road as soon as the time is right and have put a provisional restart date of Monday March 1 in place.

"The whole team at National Express worked incredibly hard throughout 2020 and I want to thank them for their efforts as we pause our services.

"We will now make sure we are ready to get back behind the wheel as soon as the nation needs us again."

National Express first suspended coach services during the first wave of the coronavirus pandemic in April, then restarted with reduced frequencies in July.

source: PA

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
2 Jun 2023 12:16

Director dealings: National Express board invests, British Land CFO makes £0.1m sale

(Sharecast News) - British Land was on the list of director sells on Friday, after its chief financial officer sold more than £0.1m to cover his bills after he vested a number of performance shares.

Read more
26 May 2023 09:41

LONDON BROKER RATINGS: RBC cuts Halfords; Berenberg likes Sabre

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
10 May 2023 09:59

National Express to change name to Mobico in early June

(Alliance News) - National Express Group PLC on Wednesday said it will change its name to Mobico Group PLC from early June.

Read more
10 May 2023 07:55

LONDON BRIEFING: Compass sets share buyback; Melrose ups outlook

(Alliance News) - The FTSE 100 is expected to open marginally higher on Wednesday, following positive updates from some UK blue-chip companies and ahead of a US consumer price index reading.

Read more
10 May 2023 07:20

National Express announces name change to Mobico Group

(Sharecast News) - National Express announced its decision to change its name to Mobico Group.

Read more
3 May 2023 14:51

UK shareholder meetings calendar - next 7 days

Read more
19 Apr 2023 12:15

LONDON MARKET MIDDAY: Stocks falter on US hike expectations and UK CPI

(Alliance News) - London's FTSE 100 traded lower on Wednesday at midday, hurt by a stubbornly high UK inflation reading and expectations for more interest rate hikes by both the Bank of England and the US Federal Reserve.

Read more
19 Apr 2023 08:19

National Express quarterly revenue rises; begins cost-saving programme

(Alliance News) - National Express Group PLC on Wednesday said its first quarter was in line with expectations, as it launched a productivity improvement and cost reduction programme amid concerns about continued uncertainty in the transport industry.

Read more
19 Apr 2023 07:18

UK, German help drive rise in National Express Q1 revenue

(Sharecast News) - Transport operator National Express reported a rise in first-quarter revenues driven by an improvement in UK buses and German rail.

Read more
6 Apr 2023 15:43

UK dividends calendar - next 7 days

Read more
17 Mar 2023 10:55

National Express earnings and debt concerns now priced in - Liberum

(Alliance News) - Liberum lifted its recommendation for National Express Group PLC on Friday, believing balance sheet worries and earnings momentum fear to now be priced into the stock after a share price slide.

Read more
17 Mar 2023 09:32

LONDON BROKER RATINGS: UBS likes LSEG; BofA lifts Weir Group

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
13 Mar 2023 07:54

LONDON BRIEFING: HSBC buys UK arm of failed Silicon Valley Bank

(Alliance News) - The FTSE 100 was called down on Monday morning, as the fall out from the collapse of Silicon Valley Bank continues, with HSBC Holdings stepping in to buy SVB's UK arm.

Read more
9 Mar 2023 09:15

LONDON BROKER RATINGS: Liberum cuts National Express to 'sell'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more
9 Mar 2023 07:12

Liberum cuts National Express to 'sell' on leverage woes

(Sharecast News) - Liberum downgraded National Express on Thursday to 'sell' from 'hold' and cut the price target to 115p from 155p as it said leverage remains its key concern.

Read more

Free Investment Tools

Register for FREE

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.