Most of First London Operations Sold

[Garsty]

RE: Most of First London Operations Sold
I’m not surprised by this as to get that sort of cash it become clear they had to sell large chunks! I would imagine that London does add unneeded complexity for a business which operates across the UK, mainly in terms of the vehicles (need to be TfL compliant etc and then the cost of cascading), this sale does simplify the operations a lot. With London I suppose there is little room for expansion too, with just constant tendering happening.