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  1. Fast FT

    May 11, 2016

    Opening Quote: Mixed day for UK's multinationals

    Compass earnings are heading in the right direction, Tui is selling Specialist Group, National Express says it has made...

  2. FT Alphaville

    May 11, 2016

    FT Opening Quote

    Compass earnings are heading in the right direction, Tui is selling Specialist Group, National Express says it has made...

Special Reports

  1. Responsible Business

    The winners of the 2016 Responsible Business Awards range from a waste company’s susta...
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    Transport advances pinned on technology...
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  1. Fast FT

    May 11, 2016

    National Express boosted by new German rail operations

    UK transport group National Express cruised along in top gear during the first quarter, as it received a boost from the...

  2. March 9, 2016

    UK rail: dogged by uncertainty

    In the UK’s privatised rail industry, competition is the dog that did not even whimper, let alone bark. More than 20...

  3. Fast FT

    February 25, 2016

    National Express enjoying biggest bounce since '13

    National Express has cast its gaze far and wide over the last few years, dipping its wheels into an assortment of...

  4. Fast FT

    February 25, 2016

    Germany and Bahrain boost National Express, but Spain a concern

    National Express has bumped up its dividend by 10 per cent after nearly doubling its pre-tax profit in 2015, although...

  5. October 26, 2015

    National Express driven higher by upgrades

    Investors had waited months for an upgrade of National Express, the bus operator, then two came along at once. Liberum...

  6. July 9, 2015

    Network Rail subsidies worth £3.9bn to be handed to train groups

    The government has begun a big overhaul of Britain’s state-owned railway infrastructure operator, but experts...

  7. June 2, 2015

    Given the chance, older workers can fill the gap

    Working lives are being extended as life expectancy rises and public health improves — and employers are starting to...

  8. May 17, 2015

    Train operators track European contracts as markets open up

    When a train used to reach a European border, the driver would have to get off, walk to the rear carriage and change...

  9. April 29, 2015

    ISS backs action over National Express’s US labour relations

    A group of National Express shareholders is to challenge the company to carry out a review of poor labour relations at...

  10. April 3, 2015

    Corporate UK braces for the election certainty of uncertainty

    It has been an animated start to the UK general election campaign. This week saw the leaders of seven political parties...

  11. January 22, 2015

    KKR buys thetrainline.com

    KKR, the private equity firm, has bought thetrainline.com from Exponent, just weeks after Britain’s largest online rail...

  12. October 10, 2014

    National Express finance director jumps to Croda

    National Express is to lose its finance director, who will take up the same post at the Croda chemicals group at the...

  13. August 22, 2014

    Rail fares, the third payroll tax

    A few weeks ago I wrote about the widespread use of cross-subsidy in financial services, such as where free banking for...

  14. August 1, 2014

    Strong pound wipes more than £1bn off profits of big UK companies

    When the International Monetary Fund warned this week that the pound was overvalued, a chorus of agreement would have...

  15. July 30, 2014

    Bad US weather and Spanish strikes hit National Express profits

    Half-year profit has fallen a fifth at National Express after the bus and rail operator was hit by freezing weather in...

  16. July 18, 2014

    Hong Kong metro operator MTR Corporation to run Crossrail

    The Hong Kong metro operator MTR Corporation has won the £1.4bn deal to run the UK’s new Crossrail train service, which...

  17. June 27, 2014

    National Express retains Essex Thameside rail franchise until 2029

    National Express has won the competition to run the Essex Thameside rail franchise, branded as C2C, retaining the...

  18. May 22, 2014

    Bidders await arrival of rail franchises with bated breath

    Transport groups are about to discover who has won the first two UK rail franchises to be awarded since the West Coast...

  19. May 6, 2014

    Souter pursues Stagecoach business model in eastern Europe

    Sir Brian Souter, the Scottish chairman of transport group Stagecoach, is expanding his own bus business across Europe...

  20. February 27, 2014

    National Express aims to grow outside UK

    National Express is to focus on growth outside its traditional UK market with plans for further expansion into Germany,...

  21. January 13, 2014

    US activist hedge funds form UK bridgehead for charge into Europe

    Lawyers are warning UK and European companies to brace themselves against a US invasion: of American activist funds,...

  22. December 18, 2013

    Activist investors can find the UK a tricky destination

    There’s definitely a Christmas timetable in operation at FirstGroup. The seasonal lull means that Sandell Asset...

  23. September 26, 2013

    Bids for two London commuter rail franchises sought

    The first big rail franchise competition since the botched West Coast mainline rail tender opened on Thursday, as the...

  24. July 24, 2013

    Loss of UK rail franchise knocks National Express profits

    Headline profits took a heavy knock from the loss of National Express’ penultimate UK rail franchise last year – almost...

  25. July 2, 2013

    National Express reassures investors over hitting cash goal

    National Express on Tuesday reassured investors that it was on course to hit its target of generating up to £150m of...

  26. June 25, 2013

    Four picked for Crossrail operator shortlist

    Four bidders have made the shortlist to run the trains on the UK’s newest rail line, including only two of the...

  27. June 19, 2013

    Labour hardens stance on train operators

    Labour is stepping up its resistance to the privatisation of the East Coast rail line as the party hardens its stance...

  28. May 27, 2013

    Crossrail: East-west scheme set to lift capacity

    Deep below the streets of London, five giant machines are excavating the tunnels for the city’s newest underground...

  29. May 20, 2013

    FTSE 100 hits highest in 12 years

    The FTSE 100 hit its highest in more than 12 years on Monday, with utilities underpinning the advance. United Utilities...

  30. May 13, 2013

    HSBC and Standard Chartered drag but FTSE edges up

    HSBC and Standard Chartered dragged on the London market on Monday, even as the FTSE 100 edged to its eighth straight...

  31. May 7, 2013

    National Express eyes German rail tenders

    National Express underlined its focus on expanding its position in Germany, as it looked to build on its initial...

  32. April 28, 2013

    Transport groups prepare for battle to run Crossrail services

    A fierce battle to run the trains on the UK’s newest rail line will start this week when at least six bidders are...

  33. April 1, 2013

    UK rail franchising overhaul underwhelms

    The overhaul of rail franchising last week following the West Coast fiasco has done little to appease investors, who...

  34. March 8, 2013

    Transport: Rail operators hold the line after franchise debacle

    Transport companies in the UK – stalwarts of the mid-market company scene – were always expecting 2012 to be an...

  35. March 6, 2013

    Elliott to sell half National Express stake

    Elliott Advisors, the activist investor that spent the spring of 2011 attempting to overthrow the board of National...

  36. February 28, 2013

    Pensioner subsidy cut hits National Express

    A cut to government pensioner bus subsidies led to a million fewer over-60s using National Express’s coaches last year,...

  37. February 7, 2013

    National Express wins German rail contract

    National Express has won two contracts to operate German regional rail services, representing a first for UK transport...

  38. January 31, 2013

    Rail franchise changes under fire

    Two UK train operators have hit out over changes that the government has made to its rail franchising plans in the wake...

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