national express

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Latest blogosphere posts tagged “national express”

• Full steam ahead in National Express drama

  
  Daily Telegraph | Telegraph.co.uk — Authority: 969
  That soap opera on wheels, aka National Express, has provided some cracking episodes lately. But if it carries on like Friday, itll be taken off the air.
  2 days ago

• National Express explores bond after motoring to £360m rights vote

  
  Daily Telegraph | Telegraph.co.uk — Authority: 969
  National Express is thought to be considering the launch of a £200m-£300m bond after winning shareholder support for its rights issue.
  2 days ago

• National Express shareholders grant £360m rights issue

  
  The Guardian - guardian.co.uk — Authority: 987
  • Vote would allow company to meet banking covenants • Cosmens argued company should have considered options Beleaguered bus and train operator National Express todaywon approval from investors to go ahead with a £360m rights issue designed to repair its overstretched balance sheet, creaking under debt of more ...
  2 days ago

• NXEA offers season ticket incentive

  
  Railway Eye - the railway blog — Authority: 144
  This just in from Sinoda... I wonder if Eye readers might be interested in news of an interesting promotion to be launched next week by NXEA. This from an internal briefing: Annual Season Ticket (AST) Holder Renewal Incentive The AST Renewal Incentive campaign offers £20 back for every AST due for ...
  2 days ago

• Adonis backtracks on threat to take back franchises from National Express

  
  Daily Telegraph | Telegraph.co.uk — Authority: 969
  Lord Adonis has backed down on his threat to strip National Express of its East Anglia and C2C rail franchises as immediate punishment for walking out on its £1.4bn East Coast contract.
  3 days ago

• Mediaballs - Beeb taking DafT line on early termination

  
  Railway Eye - the railway blog — Authority: 144
  This just in from Brian Ayre (the low cost railway pundit)... Will somebody please explain to the BBC that ending the c2c franchise on the date it was due to end, and not giving NXEA an optional three year extension, isnt " Stripping National Express of its remaining franchises ". Ive had three calls from ...
  3 days ago

• Noble Lord cuts off nose to spite face?

  
  Railway Eye - the railway blog — Authority: 144
  Telegrammed by Ithuriel According to Lord Adonis: In determining the future of the C2C and NXEA franchises, my overriding concern has been to minimise disruption to passengers and staff, and cost to the taxpayer, while ensuring that train companies stand by their commitments. I judge these objectives are ...
  3 days ago

• NatEx counts its blessings as East Anglia franchise ends early.

  
  Railway Eye - the railway blog — Authority: 144
  Much excitement from the Chatterati over the news that National Express is to lose its remaining rail franchises. This, for instance, from The Times ... National Express is to be stripped of its remaining rail franchise three years early, leaving the troubled transport company with just its bus business. ...
  3 days ago

• National Express loses East Anglia line

  
  The Guardian - guardian.co.uk — Authority: 987
  Lord Adonis had considered stripping National Express of the East Anglia franchise with immediate effect National Express has paid the price for refusing to keep running the east coast rail line by losing its profitable East Anglia operations three years early. The Department for Transport announced this ...
  3 days ago

• National Express loses East Anglia franchise three years early

  
  Daily Telegraph | Telegraph.co.uk — Authority: 969
  Rail and coach operator to lose the right to run rail services in East Anglia three years earlier than planned.
  3 days ago

• Windows 7 gives DSG a much-needed lift

  
  The Guardian - guardian.co.uk — Authority: 987
  • UK computing sales rise thanks to Microsofts new operating system, says DSG • CEO John Browett tells investors that his turnaround plans is paying off Is the worst over for DSG ? The high street and internet retailer has suffered a tough couple of years, but posted a much smaller loss today and said that its ...
  3 days ago

• Plans to re-privatise East Coast line published – and more questions over National Express routes

  
  ToUChstone blog: A public policy blog from the TUC — Authority: 576
  Just days after the East Coast rail service passed back into public hands , the Government has published plans for re-privatising the route, with the process getting underway next year.  More worrying still, the announcement suggests that c2c, one of the other routes operated by National Express, will be allowed ...
  4 days ago

• No Cross Default - Official... almost

  
  Railway Eye - the railway blog — Authority: 144
  Nothing yet on the DfT website but according to the RMT ... The government have also failed to trigger the cross-default clauses on National Express’s C2C service with that franchise being allowed to run its course until retendering and re-letting in November 2011. No shit Sherlock .
  5 days ago

• Jorge Cosmen seeks National Express strategy clarification after raising stake

  
  Daily Telegraph | Telegraph.co.uk — Authority: 969
  Jorge Cosmen deputy chairman of National Express is today Tuesday expected to seek urgent clarification from the board over the transport companys strategy after raising his familys stake to 19.5pc.
  6 days ago

• Heritage Oil slips as merger talks end, but FTSE is fired up by miners

  
  Business: Market Forces blog | guardian.co.uk — Authority: 121
  Heritage Oil was on the slide despite the rest of the market soaring on the back of rising commodity prices. The exploration and production company has agreed to sell its Ugandan assets to Italys ENI for up to $1.5bn, but at the same time it has called off merger talks with Genel Energy, which has a strong presence ...
  6 days ago

• InterCity dreaming is more than just nostalgia

  
  The Guardian - guardian.co.uk — Authority: 987
  The east coast lines fortunes have been revived since it passed from National Express to state ownership, raising hopes of a return to network integration last seen in the days of British Rail Lord Adonis , the transport secretary, has big plans for Britains largest rail franchise. Asked by the Observer last week ...
  1 week ago

• Thomas Cook leads FTSE lower on cash call concerns

  
  The Guardian - guardian.co.uk — Authority: 987
  Investors in Thomas Cook and Tui Travel must wish they could get away from it all. The two travel companies were the biggest fallers in the leading index following downgrades on both companies from Morgan Stanley. In particular the bank suggested Thomas Cook might have to call on shareholders for cash. Analyst ...
  1 week ago

• Cosmen family increase stake in National Express

  
  The Guardian - guardian.co.uk — Authority: 987
  Shares in National Express have accelerated by nearly 5% on news that the Cosmen family has increased its stake in the bus and rail operator. According to an official statement Jorge Cosmen has bought another 501,823 shares at 341p each, taking the Spanish familys stake to 18.97%. The news has sent National Express ...
  1 week ago

• Cosmen family has cash for National Express rights insists director

  
  Daily Telegraph | Telegraph.co.uk — Authority: 969
  A director of the company through which the Cosmen family hold its 18.5pc stake in National Express has insisted that the Spanish investors have the money to take up all of their rights in the £360m cashcall.
  1 week ago

• UK government to makeover East Coast Main Line

  
  The Latest Travel News and Information — Authority: 141
  The UK government was advised to evaluate the required improvements on the East Coast Main Line to entice passengers in using trains instead of planes when travelling between London and northern Scotland. The request came from MPs as the state-owned East Coast geared up to take over responsibility from the National ...
  2 weeks ago

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