National Express in gear for shake-up

THE new boss of National Express yesterday warned there was "much to do" to revive the group as he launched a shake-up of its underperforming UK local bus arm.

Dean Finch, who joined as chief executive in February, said there was "considerable scope" to improve the bus business, which operates in Dundee and the West Midlands, as costs had grown ahead of revenues during the past five years.

He has also begun a "complete overhaul" of the US arm, which runs school buses, and plans to take "hands-on" control of the firm's businesses to boost performance.