Go-Ahead welcomes UK rail review

Go-Ahead welcomes UK rail review

Just days before Go-Ahead Group’s (GOG) full-year results, reports emerged of another upcoming governmental review of the UK rail sector. Chief financial officer Patrick Butcher said he’d welcome the move, but urged any report should be compiled by an independent party. Over the past year, operating profits from Go-Ahead’s rail business fell by a quarter to £44.5m following the expiration of the London Midland franchise in December. The company was unsuccessful in its re-bid.

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