Menu
03/03/2014
£100m Investment Unveiled For Stagecoach
Stagecoach has unveiled record orders of more than £100m in hundreds of new buses and coaches.
For the financial year, 2014/15, the group said it has placed orders for 568 vehicles.
The announcement comes as the Perth-based group reported strong financial figures for the business.
The investment means the Group has spent around £545m in new vehicles in the UK over the last seven years. Looking at the latest investment, Stagecoach has said £81m will be spent on 495 vehicles which will go into service in England, Scotland and Wales, while a £21m fleet of over 70 green hybrid buses will be introduced into its London operations.
All of the new vehicles will be fitted with CCTV and more than 350 will also have wi-fi installed, giving customers free internet access during their journeys.
The first of the new vehicles are expected to be delivered from Spring 2014.
Commenting on the news, Martin Griffiths, Stagecoach Group Chief Executive, said: "This record investment is a major boost for UK jobs in manufacturing and many other smaller businesses in the supply chain.
"It is also a huge vote of confidence in the future of bus and coach travel in Britain. By investing in quality and continuing to offer the best value travel of any major operator in the UK, we can help people save money, rely less on their cars and use a greener way to access work, health, education and leisure."
(JP)
For the financial year, 2014/15, the group said it has placed orders for 568 vehicles.
The announcement comes as the Perth-based group reported strong financial figures for the business.
The investment means the Group has spent around £545m in new vehicles in the UK over the last seven years. Looking at the latest investment, Stagecoach has said £81m will be spent on 495 vehicles which will go into service in England, Scotland and Wales, while a £21m fleet of over 70 green hybrid buses will be introduced into its London operations.
All of the new vehicles will be fitted with CCTV and more than 350 will also have wi-fi installed, giving customers free internet access during their journeys.
The first of the new vehicles are expected to be delivered from Spring 2014.
Commenting on the news, Martin Griffiths, Stagecoach Group Chief Executive, said: "This record investment is a major boost for UK jobs in manufacturing and many other smaller businesses in the supply chain.
"It is also a huge vote of confidence in the future of bus and coach travel in Britain. By investing in quality and continuing to offer the best value travel of any major operator in the UK, we can help people save money, rely less on their cars and use a greener way to access work, health, education and leisure."
(JP)
Related UK National News Stories
Click here for the latest headlines.
03 October 2013
Chinese Investment Group Want To Rebuild The Crystal Palace
A Chinese investment group have unveiled plans to build a replica of the Crystal Palace on the same site as the old building, which burnt down in 1936. The original Crystal Palace was built in 1851 in Hyde Park, before being moved to the Crystal Palaca in 1854.
Chinese Investment Group Want To Rebuild The Crystal Palace
A Chinese investment group have unveiled plans to build a replica of the Crystal Palace on the same site as the old building, which burnt down in 1936. The original Crystal Palace was built in 1851 in Hyde Park, before being moved to the Crystal Palaca in 1854.
03 August 2004
Blair told to reveal specifics of terror threat
The government has been urged to release details of the terror threat facing Britain, after Pakistani authorities revealed that it had uncovered preparations for Al Qaeda terror strikes on the US and UK. The US went on heightened alert this week after new information came to light following the arrest of a top Al Qaeda suspect in Pakistan.
Blair told to reveal specifics of terror threat
The government has been urged to release details of the terror threat facing Britain, after Pakistani authorities revealed that it had uncovered preparations for Al Qaeda terror strikes on the US and UK. The US went on heightened alert this week after new information came to light following the arrest of a top Al Qaeda suspect in Pakistan.
25 June 2003
Police urged to adopt new technology
Police forces must adopt new and developing technology before organised crime gangs do, the Home Secretary will tell a conference of top cops tonight.
Police urged to adopt new technology
Police forces must adopt new and developing technology before organised crime gangs do, the Home Secretary will tell a conference of top cops tonight.
01 September 2014
Innovation Group To Create 77 Jobs
Almost 80 jobs are to be created by the Innovation Group after it confirmed it was to establish a new base at Caerphilly Business Park.
Innovation Group To Create 77 Jobs
Almost 80 jobs are to be created by the Innovation Group after it confirmed it was to establish a new base at Caerphilly Business Park.
-
Northern Ireland WeatherToday:A chilly start with a widespread frost and some freezing fog, any freezing fog slow to clear. Otherwise bright with sunny spells and coastal showers. Light winds. Maximum temperature 6 °C.Tonight:Coastal showers dying out with a widespread frost developing along with freezing fog, which could become extensive. Winds remaining light. Minimum temperature -3 °C.
