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  • Firstgroup: Profit at Avanti West Coast owner beats expectations

    Transport and infrastructure

    Transport giant Firstgroup has extended its share buyback program by £50m after annual revenue came in ahead of forecasts. The additional £50m buyback program follows Firstgroup’s return of £92m to shareholders in the 2025 financial year. The group also raised its dividend to 6.5p, up from 5.5p last year. The FTSE 250 company told markets [...]

    Firstgroup shares soared more than eight per cent on Tuesday after the transport giant reported a bumper set of annual results.
  • Thameslink operator slumps into the red ahead of Elizabeth Line takeover

    Transport and infrastructure

    The operator of London’s Thameslink and Gatwick Express slumped into the red before taking over the Elizabeth Line, it has been revealed. Go-Ahead has reported a pre-tax loss of $36.9m for 2024, having posted a pre-tax profit of $9.7m for the prior 15 months. However, the group pointed to it making a profit after tax [...]

    Thameslink operator Go-Ahead took over the Elizabeth Line via a joint venture in May 2025. (Photo by Isabel Infantes/Getty Images)
  • A car-free Oxford Street does sound dreamy, but there’s a problem: buses

    Opinion

    An Oxford Street with no cars is a charming fantasy. But ignore the "red wall of metal" at your peril, writes James Ford

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