A competition inquiry into train services to Exeter - because all routes will soon be operated by FirstGroup, in entirety or in consortia - makes Lombard wonder what John Betjeman would have made of it.
Transport operator FirstGroup (LSE: FGP) has released a strong set of results for the first half of the year. They show that the company is making good progress and has the potential to raise dividends at a rapid rate.
Firstgroup plc (LSE:FGP), a transportation company based in United Kingdom, saw significant share price volatility over the past couple of months on the LSE, rising to the highs of �1.44 and falling to the lows of �1.13.
Competition regulators on Tuesday raised concerns about the award of the South Western rail franchise to a consortium involving FirstGroup because it means the company is involved in two contracts providing train services between London and Exeter.