Posted 17th April 2019 |

DfT responds to Stagecoach demands over bid rejections

THE Department for Transport has responded to the demand from Stagecoach Group for a ‘prompt, full and transparent response to help restore public confidence’ after three franchise bids from the Group were rejected on the grounds that they attempted to reduce pensions risk.It had been reported that the deadline was 16.00 on 16 April, but

Stagecoach has now clarified that the deadline was actually 24 hours earlier, and that a response has been received.

This story is being updated. More follows.

source= http://www.railnews.co.uk/news/2019/04/17-dft-responds-to-stagecoach-demands.html