Thameslink boss steps down after less than two years Transport and infrastructure The chief executive of Go-Ahead, the group which operates London’s Thameslink, Gatwick Express and the Elizabeth Line through a joint venture, has stepped down after less than two years in the role. Miguel Parras has resigned from his role at the Newcastle-headquartered group to “pursue other opportunities” after 20 months. The group has not announced [...]
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 [...]
Go-Ahead gifts overseas owners over £80m in dividend payouts Business Go-Ahead Group, which runs the Govia Thameslink franchise, has paid out over £80m to its foreign owners as it brings back dividends.
London train strikes: Everything you need to know ahead of May bank holiday week disruption May 2, 2024 There will be more disruption over the May bank holiday week as train drivers stage yet another round of strikes. Morning Wire has all the details.