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First Rail

May 13, 2021 | Passenger

Out of the franchise and into the fire? British train operators ready for reform

Covid-19 spelt the end of the British franchising system for passenger operations. Kevin Smith analyses the impact of the pandemic on the sector and asks what should come next.

November 14, 2018 | Financial

FirstGroup rail division records revenue growth, decline in operating profit

FIRSTGROUP’s First Rail division generated £1.2bn in revenue in the six months to September 30, up 80.7% from £677.4m in the same period in 2017. Adjusted operating profit was £29.3m compared with £31.1m in 2017, down 5.8%, while the adjusted operating margin dropped from 4.6% to 2.4%.

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