FirstGroup to outline plans to boast bus division

Buses services in Glasgow will be affected this coming weekend
Buses services in Glasgow will be affected this coming weekend
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Transport operator FirstGroup will this week provide an update on how its plans to boost its bus division are helping to offset shortfalls at its rail business, which has lost a series of franchises.

The Aberdeen-based group is in the middle of “advancing cost efficiency plans” for the bus division including “a number of changes to our depot portfolio” as it targets higher profit ­margins.

It currently runs around 6,300 buses in 40 towns and cities, including Edinburgh, from around 70 depots. But bus restructuring work has been complicated by a combination of squeezed local authority budgets and a programme of roadworks in a number of major urban areas.

FirstGroup now operates only one significant rail franchise, Great Western. However, it has been shortlisted for two new franchises, TransPennine and Greater Anglia.