First Manchester

[Mrboo]

RE: First Manchester

(06/06/2019 11:40)Winston Wrote:  As I understand it, Bolton is the biggest loss making within First Manchester, my comments regarding Vantage contributing heavily towards that loss date back to late Jan this year, so things / negotiations between interested parties / First & TfGM could have moved forward since then.

I can't see First simply walking away for their remaining Manchester depots, they will be incurring big enough asset write-downs as seen on the QS depot sale to Go-Ahead as it is and would then incur the costs of shutting down the ops / staff redundancy etc.

Yes and no one wants that cost of cleaning Mumps as the reason first never moved to the old British gas depot so mumps has to stay as a bus depot as it would cost a lot to remove the ground from the site after years of diesel spills.