Stagecoach shares fall as rail growth slows
Shares of Perth-based international transport group Stagecoach fell 3.6% after it warned in a trading statement that the outlook for the UK rail industry “is more…
Shares of Perth-based international transport group Stagecoach fell 3.6% after it warned in a trading statement that the outlook for the UK rail industry “is more…
Perth-based transport giant Stagecoach Group on Monday announced new vehicle orders worth £97 million. A new fleet of 480 vehicles, many equipped with free wifi, will…
Perth-based bus and rail giant Stagecoach said on Tuesday that Garry Watts intends to step down as the company’s deputy chairman and senior independent director on April…
Perth-based Stagecoach and Aberdeen-based FirstGroup have been shortlisted to compete for the next South Western rail franchise in June 2017. Stagecoach has operated the network under…
Perth-base transport giant Stagecoach Group said digital entrepreneur James Bilefield will join the company as a non-executive director from February 1.“James has an international track record of successfully…
Perth-based transport giant Stagecoach Group has appointed Tim Shoveller (pictured) as managing director of the group’s UK rail division. The division includes South West Trains, East Midlands Trains,…
Shares of Perth-based bus and train operator Stagecoach fell more than 13% after it said the terrorist attacks in Paris have discouraged people from traveling to major…
Stagecoach subsidiary East Midlands Trains has won a deal to continue running services between London, the East Midlands and parts of the north of England until…
By Mark McSherry — Souter Investments, the private equity focussed family investment office of Stagecoach founder Brian Souter, has announced continued strong performance and growth in…
The value of mergers, acquisitions and share deals involving Scottish registered corporates soared from £4.9 billion in 2020 to £16.4 billion in 2021, according to…
Souter Investments, the private equity focussed family investment office of Stagecoach Group founder Brian Souter, announced it has continued its deal making during 2021 with…
Falkirk-based Alexander Dennis Limited (ADL) and China’s BYD UK jointly announced that their electric vehicle partnership has signed a framework agreement with the National Transport Authority…
Falkirk-based global bus manufacturer Alexander Dennis Limited (ADL) has announced that Berliner Verkehrsbetriebe (BVG) has exercised options for 198 Enviro500 double deck buses to be delivered to…
Falkirk-based global bus manufacturer Alexander Dennis Limited (ADL) and partner BYD UK said on Wednesday their electric bus partnership received an order from Aberdeen-based First Bus…
A strong final quarter of 2020 saw shares in listed Scottish companies outperform the wider FTSE and AIM All Share indices as they soared 29.61%…
Souter Investments, the family investment office of Stagecoach Group founder Brian Souter, said on Monday it appointed John Berthinussen and Calum Cusiter as co-managing directors. Andy…
Falkirk-based global bus manufacturer Alexander Dennis Limited (ADL) said it welcomed the UK Government’s Ten Point Plan for a Green Industrial Revolution “and the commitment to…
Scottish companies listed on the London Stock Exchange outperformed their indices in the third quarter of 2020 according to analysis from Brewin Dolphin, boosted by…
Falkirk-based global bus manufacturer Alexander Dennis Limited (ADL) on Thursday gave an update on its proposal last month to cut up to 650 jobs across the…
Shares of Aberdeen-based bus and rail giant FirstGroup plc rose about 6% on Monday as it welcomed the extension of funding from the UK Department for…
Falkirk-based global bus manufacturer Alexander Dennis Limited (ADL) announced on Monday that “as a result of the significant decline in UK demand for new buses and…
Scottish companies listed on the FTSE index averaged a share price fall of 30.72% between January and June 2020, compared to losses of 18.61% and…
Falkirk-based global bus manufacturer Alexander Dennis Limited (ADL) said on Tuesday that its CEO Colin Robertson will be appointed to Canadian parent firm NFI’s board as…
Souter Investments, the family investment office of Stagecoach Group founder Brian Souter, said on Tuesday it completed the acquisition of a majority stake in Staffordshire-based information…
Shares of Edinburgh-based healthcare software firm rose almost 4% on Tuesday as it reported “good progress” at its AGM and it said Will Whitehorn, Richard Branson’s…
The number of people opting to travel between Glasgow and London by train instead of flying has reached record levels, according to Virgin Trains. In…
Stagecoach chairman Brian Souter said on Monday he will gift £109 million to charity after a strong performance by Souter Investments, his family investment firm….
The UK’s Competition and Markets Authority said on Friday it is investigating the award of the West Coast Partnership rail franchise to Aberdeen-based FirstGroup and Italy’s…
Aberdeen-based bus and rail giant FirstGroup plc said on Wednesday its First Trenitalia partnership has been awarded the contract to operate the lucrative train services on…
Shares of Scottish companies listed on the main FTSE stock market ended June 9.5% higher than they started the year, compared to a rise of…
UPDATE 2 — Souter Investments, the family investment office of Stagecoach Group founder Brian Souter, announced that its Falkirk-based global bus manufacturer Alexander Dennis (ADL) has…
Souter Investments — the family investment office of Stagecoach Group founder and chairman Brian Souter — said it reached an agreement to sell Mobius Life, a…
Scottish shares on the FTSE outperformed the wider market during the first three months of 2019 but their AIM-listed counterparts significantly underperformed the index, according…
UPDATE 3 – Shares of Aberdeen-based bus and rail giant FirstGroup plc rose 11% on Tuesday after it appointed its chief financial officer Matthew Gregory…
Souter Investments, the family investment office of Stagecoach Group founder Brian Souter, said on Thursday it completed the sale of Finnish intercity bus operator OnniBus.com to Koiviston Auto…
Souter Investments said on Monday it completed the sale of Dalgety Bay-based First Scottish Group, a firm of professional database searchers, to “a significant international private…
The UK’s East Coast rail service between Edinburgh and London will be temporarily taken back under public control after UK Transport Secretary Chris Grayling said he…
Swedish space tech company ÅAC Microtec AB announced a share sale and purchase agreement to acquire 100% of the shares in Glasgow-based small satellite maker…
Stagecoach chairman Brian Souter has criticised the UK pension fund industry for its “lack of faith” in companies and young entrepreneurs and for investing too much of its £2…
Construction and outsourcing firm Carillion said on Monday it appointed Keith Cochrane — former chief executive of Stagecoach and Weir Group — as its interim…
A group of senior businessmen — including Angus Grossart and Brian Souter — are among investors seeking to join a lawsuit against Royal Bank of Scotland alleging they…
Souter Investments, the family investment office of Stagecoach Group founder and chairman Brian Souter, said it has generated a net return of 14% per annum since…
Wells Fargo & Company said its chairman and chief executive John Stumpf is retiring from the bank, effective immediately — following the scandal in which bank…
The share prices of many of Scotland most important public traded companies have plummeted since Friday morning when it became clear the UK had voted narrowly to…
Falkirk-based bus maker Alexander Dennis enjoyed a 20% increase in sales to £602 million and a £10 million increase in profit before tax to £23 million in the…
Aberdeen-based transport giant FirstGroup said it will make a joint venture bid for the South Western rail franchise with MTR Corporation (UK), following the assent of…
Aberdeen-based transport giant FirstGroup said its bus division has ordered 305 new vehicles worth £70 million — and that 204 of the buses will be made by…
Opposition party leaders are asking why an agreement signed two weeks ago between Scotland and China that could lead to £10 billion of infrastructure investments was not immediately…
Three of the top jobs in Edinburgh transport have been filled — two of them by former military men — as the capital city’s integrated bus-and-tram transport leaders seek…