Coronavirus: FirstGroup warns of 'material uncertainty' over its future

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 67%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

The company says continuing uncertainty on transport demand amid the COVID-19 crisis is placing a strain on its future.

FirstGroup admitted on Wednesday that the coronavirus crisis had slowed the process, having earlier announced that talks were at an advanced stage.Chief executive Matthew Gregory told a call with journalists:"We need a little bit more clarity but absolutely we're ready to press on and resume that process as soon as we see how and when the schools get back."

Stuart Lamont, investment manager at Brewin Dolphin, said the company's update revealed the extent of the pressure facing transport operators.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Not much sympathy for them here then. GWRHelp is the least most customer centric company I've ever dealt with so I won't be sorry to see FirstGroup go.

Useless company

There's a 'material uncertainty' that their services turn up now

Oh no, whatever will we do

Still empty

Good, perhaps we will get a company who cares about customer service instead

Oh well

What he won’t tell you is that they were already on the brink of collapse before the pandemic hit and coronavirus just tipped them over the edge

Cool let them collapse and a better company can do it better cheers

The Government should give them a bailout, but take a 90% stake

In other news... passengers would bloody love it - they might actually get a seat for a change.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US hits grim milestone of 3million coronavirus cases as new infections surgeA number of states across the United States reported record numbers of new infections. Florida is currently facing a shortage of ICU beds as cases continue to surge. More tests = more cases 99.9% of people recover. Surely the stats to be looking at are cases in ICU or deaths? Not confirmed cases.
Source: The Mirror - 🏆 136. / 51 Read more »

Coronavirus second wave: Israel faces lockdown as expert admits 'we have lost control'A LEADING professor and advisor to the Israeli Government has issued a dire warning to the world over coronavirus, admitting: 'We have lost control.'
Source: Daily Express - 🏆 26. / 68 Read more »

Ministers must have plan to avoid PPE shortage if coronavirus second wave hits, MPs warnHard-hitting report warns that writing off £13.4bn of NHS trusts’ historic debts has not resolved their financial problems Not the Turkish T Shirt guy again ? Uk have not finished the first wave yet and you are thinking about the second wave . Its to early to think about the second hit of the pandemic . Stay strong and safe by staying at home that’s the cure
Source: The Independent - 🏆 80. / 59 Read more »

Victoria reports 134 new coronavirus cases as NSW warns of border region restrictionsPremier Daniel Andrews says Victorians may be told to wear masks while Gladys Berejiklian says risk in NSW ‘very high’ It’s not about cases as we Nearly all have coronavirus it’s about how many deaths which number is actually recorded as diminishing!
Source: The Guardian - 🏆 84. / 53 Read more »

Coronavirus mask WARNING: Doctor urges public to not wear masks with valvesA DOCTOR has urged the public to stop wearing masks with valves after warning that they can spark a 'plume of infection' due the to high-velocity air flow. This has been long time coming Give it a rest .we are now bored.
Source: Daily Express - 🏆 26. / 68 Read more »

UK has no clear PPE strategy for second wave of coronavirus, MPs warnSpending watchdog says restocking NHS and care sector supplies requires detailed plan No change there then. Strategy: 1) Buy fucktonnes of PPE and subsidise companies to change production to PPE. 2) Store said PPE 3) Allocate as needed Who says strategies have to be complex? SOUTH AFRIKA is like UK
Source: The Guardian - 🏆 84. / 53 Read more »