• Our booking engine at tickets.railforums.co.uk (powered by TrainSplit) helps support the running of the forum with every ticket purchase! Find out more and ask any questions/give us feedback in this thread!

First Group: General Discussion

Sponsor Post - registered members do not see these adverts; click here to register, or click here to log in
R

RailUK Forums

Volvodart

Established Member
Joined
12 Jun 2010
Messages
2,389
Of course, there could be an agreement for buses with major work needing done being sent back rather than Rotala having to fork out for the work to be done.
 

DragonEast

Member
Joined
6 Sep 2016
Messages
266
FB bit off much more than they could chew, then in the struggle to make ends meet focused entirely on efficiency (some will justify it out of necessity) but uncontrolled, which meant the interests of the company rather than (instead of as well as) the interests of the passengers. The consequence was that over time the whole thing became a charade.

You can't mimic the real thing. Something the marketing industry never learned. We (and not just First Bus) are still facing the consequences, everywhere.

Of course some bits may have been lucky enough to, more or less, escape the charade but it's the exception that proves the rule.

"We all know where it went wrong... Nothing to be gained from rehashing the argument." Spoken like a true disciple.
 

TheGrandWazoo

Veteran Member
Joined
18 Feb 2013
Messages
20,027
Location
Somerset with international travel (e.g. across th
FB bit off much more than they could chew, then in the struggle to make ends meet focused entirely on efficiency (some will justify it out of necessity) but uncontrolled, which meant the interests of the company rather than (instead of as well as) the interests of the passengers. The consequence was that over time the whole thing became a charade.

You can't mimic the real thing. Something the marketing industry never learned. We (and not just First Bus) are still facing the consequences, everywhere.

Of course some bits may have been lucky enough to, more or less, escape the charade but it's the exception that proves the rule.

"We all know where it went wrong... Nothing to be gained from rehashing the argument." Spoken like a true disciple.
Disciple? I’ve been quite clear on my views on First Bus, Moir, the Laidlaw purchase etc and it’s not favourable.

However, after 344 pages and over 10000 posts, is someone going to provide something new and illuminating on how First Bus got into the mess they did?

I’m not holding out much hope but if you have some fresh, new facts then hell, why not?

If it’s the same as has been circulating on this thread for years, then what’s the fluffing point??
 

overthewater

Established Member
Joined
16 Apr 2012
Messages
8,161
Has it been explained why First has been cut into 3? Scotland, North and South? Do we know who is in which group yet? However would it not have been better to have 3 areas in England?

South West: Cornwall, Dorset, somerset, Bristol, Worcester and south Wales.
South East: South coast, Berkshire, Essex, Leicester, Norfolk,
North: Yorkshire, York, Manchester
 

TheGrandWazoo

Veteran Member
Joined
18 Feb 2013
Messages
20,027
Location
Somerset with international travel (e.g. across th
Has it been explained why First has been cut into 3? Scotland, North and South? Do we know who is in which group yet? However would it not have been better to have 3 areas in England?

South West: Cornwall, Dorset, somerset, Bristol, Worcester and south Wales.
South East: South coast, Berkshire, Essex, Leicester, Norfolk,
North: Yorkshire, York, Manchester

Have you closed Potteries down?
 

overthewater

Established Member
Joined
16 Apr 2012
Messages
8,161
No, however still dont know where it's been placed in the current set up!

Also does the new two English and Wales operate now cover senior management?
 

lastbus

Member
Joined
9 Sep 2018
Messages
1,001
Has it been explained why First has been cut into 3? Scotland, North and South? Do we know who is in which group yet? However would it not have been better to have 3 areas in England?

South West: Cornwall, Dorset, somerset, Bristol, Worcester and south Wales.
South East: South coast, Berkshire, Essex, Leicester, Norfolk,
North: Yorkshire, York, Manchester
Cost cutting.
 

DragonEast

Member
Joined
6 Sep 2016
Messages
266
No, however still dont know where it's been placed in the current set up!

Also does the new two English and Wales operate now cover senior management?
I doubt it has much to do with managing the business. More to do with disposing of it.

Presumably neither the existing shareholders, nor anyone else, was at all interested in taking the business as a whole. Quelle surprise. Chalk and cheese. Whether splitting it makes any, let alone all the, difference we shall see. To me a mess is still a mess, whichever way you cut it.

Didn't there used to be an old adage that said "if you can't convince them, confuse them". It seems to have become a Commandment. Perhaps someone (everyone?) might get around to looking behind the facade? That's when life becomes interesting.
 

Volvodart

Established Member
Joined
12 Jun 2010
Messages
2,389
I am not sure anything has changed from several years ago when the north south split actually happened. They had 2 mds and a few years ago Dave Alexander was put in charge of both. Scotland was part of North and Jarvis is just in charge of all of Scotland as part of North.
 

KGGXXXY

Member
Joined
4 Aug 2017
Messages
141
Location
Glasgow
From The Telgraph, premium article (quoted below if your past your daily 1 limit)
https://www.telegraph.co.uk/business/2019/09/15/firstgroup-bus-business-set-buyouts-managers/
management buyouts mooted
FirstGroup bus business set for buyouts from its managers

C:\Users\PA%20WORK\AppData\Local\Temp\msohtmlclip1\01\clip_image001.jpg
FirstGroup put its entire UK bus arm up for sale earlier this year CREDIT: PA/FIRSTGROUP

Oliver Gill

15 SEPTEMBER 2019 • 6:00AM

Follow

Embattled transport operator FirstGroup is poised to offload part of its bus business to its own managers amid mounting industry concern of a shake-up by politicians.

A string of management buyouts are said to be the frontrunners vying for First’s bus operations in Bristol, Dorset, Devon and Cornwall. A similar swoop by managers is also being pulled together in East Anglia.

First put its entire UK bus arm up for sale earlier this year alongside North American coach arm Greyhound, following pressure from its biggest shareholders.

The largest of these, activist Coast Capital Management, launched a campaign over the summer to oust half of the board. While Coast failed to attract majority shareholder support, First’s chairman and two other directors would later step down.
C:\Users\PA%20WORK\AppData\Local\Temp\msohtmlclip1\01\clip_image002.gif


Some investors want the company to also exit UK rail and concentrate on more profitable operations in the US.

FirstGroup’s plans to put its UK bus operations on the market were revealed after the earlier sale of part of its sprawling Manchester operation to rival Go-Ahead.

The bus industry remains fearful of tighter regulation across major cities. Manchester mayor Andy Burnham has already announced plans to run bus services using a franchise model. Others considering similar plans include Liverpool, Sheffield, Cambridge and Peterborough.

As a result, one industry source said: “No-one has much enthusiasm for buying bus companies.”

A FirstGroup spokesman said: “As we have stated, there are a number of potential outcomes for the separation of First Bus from the group and we are currently pursuing these options.

“Although we do not comment on market rumours or speculation, it would be incorrect at this stage to say any one outcome is more likely than another.”
 

overthewater

Established Member
Joined
16 Apr 2012
Messages
8,161
I'm surprised local manager want to buy any parts of the company, and believe bigger groups like Go Ahead and Nat Express would have a better chance.
 

Bradley

On Moderation
Joined
28 Nov 2018
Messages
167
Thanks TheGrandWazoo when that happens as Buses Of Somerset is under Cornwall what will happen to First Taunton First Bridgwater First Yeovil.
 

Top