New Commercial Terms for West Coast Franchise

Total Page:16

File Type:pdf, Size:1020Kb

New Commercial Terms for West Coast Franchise 'Dinosaurs' Top honours Airport service Apprentice failing once again hitting wins top passengers in bus awards new heights UK title The newspaper of Stagecoach Group Issue 65 Winter 06/07 New commercial terms for West Coast franchise ew commercial terms that will Nrun through to March 2012 have Passengers to benefit from range of improvements been agreed for the West Coast rail franchise. The agreement has been welcomed by Stagecoach Group, which has a 49% shareholding in Virgin Rail Group (VRG), operator of the franchise since 1997. VRG has operated West Coast on a management contract since July 2002, following the collapse of Railtrack and changes to the infrastructure upgrade to the West Coast main line that prevented Virgin from running 140mph trains. The agreement with the Department for Transport (DfT) will mean passengers can benefit from a range of improvements, including: • 10 million extra seats a year from December 2008 on West Coast routes between London Euston and the West Midlands, the North West, Cumbria and Scotland • a 32% increase in daily train services from December 2008 • a new timetable and enhanced frequencies • continued management focus on improving punctuality even further. Under the deal, VRG plans to significantly increase the number of passenger journeys from the current level of 20 million a year in 2006-07. Separate proposals being discussed with the DfT would provide a further 10 million extra seats by adding two cars to each of VRG’s 53 nine-car Pendolino trains. Brian Souter, Stagecoach Group Chief Executive, said: “This new sustainable commercial franchise is an excellent deal for passengers, taxpayers and our share- holders. “It will give Virgin West Coast a strong platform for growth over the next five years, allowing us to improve Stagecoach softens blow of Farepak collapse The half-year results are in! even further Britain’s fastest growing rail franchise.” It’s official – more people are getting on board Stagecoach It follows a £1.1 billion investment in a fleet of state- Stagecoach stepped in to help its employees Steps were taken to ensure affected employees bus and train services. of-the-art Pendolino tilting trains with enhanced levels who lost money as a result of the collapse of received the cash before Christmas. The company’s half-year results show an increase in of safety and performance as well as lower emissions. Farepak. Stagecoach Head of Media and Public Affairs passenger volumes and a significant rise in profits within its Combined with improved levels of punctuality, this The Perth-based transport company pledged Steven Stewart said: “The Farepak collapse hit UK and North American bus and rail operations. has resulted in some 90% of Virgin West Coast customers to ensure those among its 22,000 UK-based many people across the country very hard and a The boost follows a highly successful year, in which now being satisfied with their travel experience. workforce affected by the crisis received payments number of companies contributed to the relief Stagecoach was renamed UK Bus Operator of the Year Virgin West Coast will receive £1.36 billion in public equalling 50% of the savings they had lost. fund that had been set up. and secured the 10-year South Western rail franchise. funding support until 31 March 2012. The support Managers drew up a list of employees at “We wanted to do something for our own And, with other potential franchises and contracts in is mainly to contribute to Network Rail track access Stagecoach’s bus, train and tram operations, employees affected by this issue, and we hope the pipeline, the future is looking very bright. charges, which will rise steeply to around £500 million from the Highlands of Scotland to south-west this gesture will, in some small way, have helped each year from 2008-09, linked to the £8.6 billion costs England, who had been hit by the problem. to save their Christmas.” Full story, see page 5 of the West Coast main line modernisation project. Nathan joins another Regional operations winning team receive £9m boost First futuristic Optare Versa midi-buses included in order for 100 new vehicles. tagecoach has placed a £9 million order Sfor 100 new state-of-the-art buses for its regional bus operations in the UK. Vroom at the top! The new vehicles will be supplied by Leeds-based manu- Christina Ratcliffe (22) has joined Stagecoach in Newcastle as facturer Optare and will be delivered from May 2007. a new graduate trainee. Fitted with hi-tech MAN exhaust gas re-circulation Christina, an avid biker, rode into town to take up the post Nathan Williams. (EGR) four-cylinder engines, the Euro 4-compliant of Assistant Operations Manager. This follows on from her buses will be among the most environmentally friendly in initial first year’s training, which she completed in South Wales Stagecoach’s Marketing Manager for South Stagecoach’s fleet. at Stagecoach in Cwbran. Wales and Gloucestershire/Wiltshire likes The order is for 75 Optare Solo vehicles, which can Originally from Sheffield, Christina applied to various nothing better than the challenge of carry 27 seated passengers, and 25 Optare Versa midi-buses, graduate schemes, but chose to follow a future on the road working for a winning team. unveiled at the recent Euro Bus Expo Show at the NEC in after completing her degree in history at Leicester University. Nathan Williams established a track Birmingham. She said: “I wanted to join a scheme that really stood out. record of achieving many goals off Featuring a curved futuristic design, the 11-metre vehicle Stagecoach offered a fabulous fast-track system that builds the pitch in his previous roles with the can carry up to 40 seated passengers and is based on the people up to be the directors of the future!” Millennium Stadium and the Welsh Rugby same technology as the Solo. Under the scheme, the next step will be promotion to Union. Les Warneford, Managing Director of Stagecoach UK Operations Manager and, eventually, Operations Director. A graduate of Swansea University, he Bus, said: “We have invested more than £150 million Nigel Winter, Operations Director at Stagecoach North said: “Schemes such as the JustGo… and over the past three years as part of our drive to make East, commented: “We are really pleased to have Christina Go2… initiatives in Caerphilly, Aberdare our operations greener and attract more people to public on board and are sure she has what it takes to help manage and Merthyr Tydfil, and Kickstart in transport. operations in Newcastle. This is a large depot and we will be Swindon and Cheltenham have already “Stagecoach has consistently grown the number of able to offer her a varied and fast-moving environment to made a big difference in persuading people people using its services for the past four years and this new train in.” to leave their cars at home and travel by fleet of high-quality, environmentally-friendly vehicles will Based in Newcastle for 12 months, she will receive bus. Stagecoach is always looking to the help our drive to encourage car users to switch to the bus.” guidance and support from colleagues at her depot in future to see how it can build on this Bob Coombes, Optare’s Group Managing Director, said: Walkergate, including shadowing Operations Manager Geoff success. “We are delighted to have received this further substantial Reed. “It's an exciting time for the company order from Stagecoach Group, which demonstrates its The scheme encourages trainees to experience every and I’m delighted to be part of it.” satisfaction both with our business approach and the aspect of working within a bus depot and, so far, Christina has John Gould, Managing Director of performance of our products. The innovative new Optare Revved up for success: Christina Ratcliffe putting her career found herself helping in the control room, organising shifts Stagecoach in South Wales, added: “We’ve Versa will add great value to Stagecoach Group’s drive to into top gear. and rotas and even driving and cleaning the buses. already achieved some impressive targets in increase further its passenger numbers.” terms of increasing the number of people using Stagecoach services and have set ourselves a hard act to follow. I’m sure that Nathan will play an active role in helping to South welcomes new Operations Director ensure we achieve our goals.” Experience and determination are two of Andrew started his career 16 years ago at Wilts & Dorset before returning to the the qualities Andrew Jarvis brings with him as a booking clerk in the summer holidays north in 2002. His last position was Area to his appointment as Stagecoach South’s for a coach operator. He gained his PCV Manager for Arriva North West following Manager Zoe new Operations Director. licence at the age of 18 and joined the Go- the acquisition of Blue Bus in Bolton. He has joined the head office team Ahead Group at Brighton & Hove in 1996 Andrew Dyer, Managing Director of at Chichester to oversee the day-to-day as a graduate trainee, and later became a Stagecoach South, said he was delighted to feels on top operational management of the seven garage staff manager. welcome Andrew to the team. depots in Chichester, Portsmouth, Following time as Business “He has the necessary experience and of the world Winchester, Basingstoke, Andover, Development Manager for Go-Ahead in determination to ensure that we can deliver Andrew Jarvis, new Operations Director at Aldershot and Worthing. Newcastle, he became a district manager our services with efficiency,” he added. Stagecoach South. Contacts Editor: Steven Stewart, On Stage, Stagecoach Group, Stagecoach South Helen Martin 01243 536161 10 Dunkeld Road, Perth PH1 5TW.
Recommended publications
  • Simply the Best Buses in Britain
    Issue 100 | November 2013 Y A R N A N I S V R E E R V S I A N R N Y A onThe newsletter stage of Stagecoach Group CELEBRATING THE 100th EDITION OF STAGECOACH GROUP’S STAFF MAGAZINE Continental Simply the best coaches go further MEGABUS.COM has buses in Britain expanded its network of budget services to Stagecoach earns host of awards at UK Bus event include new European destinations, running STAGECOACH officially runs the best services in Germany buses in Britain. for the first time thanks Stagecoach Manchester won the City Operator of to a new link between the Year Award at the recent 2013 UK Bus Awards, London and Cologne. and was recalled to the winner’s podium when it was In addition, megabus.com named UK Bus Operator of the Year. now also serves Lille, Ghent, Speaking after the ceremony, which brought a Rotterdam and Antwerp for number of awards for Stagecoach teams and individuals, the first time, providing even Stagecoach UK Bus Managing Director Robert more choice for customers Montgomery said: “Once again our companies and travelling to Europe. employees have done us proud. megabus.com has also “We are delighted that their efforts in delivering recently introduced a fleet top-class, good-value bus services have been recognised of 10 left-hand-drive 72-seat with these awards.” The Stagecoach Manchester team receiving the City Van Hool coaches to operate Manchester driver John Ward received the Road Operator award. Pictured, from left, are: Operations Director on its network in Europe.
    [Show full text]
  • Transport Delivery Committee
    Transport Delivery Committee Date 7th January 2019 Report Title Bus Alliance Update Accountable Director Pete Bond, Director of Integrated Network Services Email: [email protected] Tel: 0121 214 7388 Accountable Edmund Salt, Network Development Manager employee(s) Email: [email protected] Tel: 0121 214 7305 Report Considered by Putting Passengers First Lead Members Recommendation(s) for action or decision: The Transport Delivery Committee is recommended: 1. To note the content of the report and current status of the West Midlands Bus Alliance. 2. To submit the report to the West Midlands Combined Authority Board for information. Purpose of Report 1. To report matters relating to the governance, operation, delivery and performance of the West Midlands Bus Alliance. West Midlands Bus Alliance Board Governance 2. At the 23rd May 2018 Bus Alliance Board, Steve Burd indicated his pending departure from Stagecoach Midlands and would be stepping down from the Bus Alliance Board. A nomination and voting process was held with all operators, to elect a new operator representative to the Bus Alliance Board. The operators elected Bob Baker (Diamond Bus) to the Bus Alliance Board. 3. The Birmingham City Council Cabinet Member for Transport and Environment, Councillor Waseem Zaffar at the Board meeting on the 15th August 2018, was invited to join the Bus Alliance Board, and duly accepted. A latest version of the Alliance terms of reference are attached as an Appendix to this report. 4. Ahead of the November meeting, it was announced that David Bradford would be taking up the role of Managing Director of the National Express bus division.
    [Show full text]
  • Stagecoach Group Plc Response to the Joint Preliminary Consultation on Automated Vehicles
    Stagecoach Group plc Response to the Joint Preliminary Consultation on Automated Vehicles Stagecoach Group plc (“Stagecoach Group”) welcomes the consultation by the Scottish and English Law Commissions on Automated Vehicles. Stagecoach Group is actively participating in trialling automated vehicles in both the depot and public transport environments, working with technology developers, vehicle manufacturers, academia and others. We welcome the consultation as another important initiative in this area. The consultation is wide – ranging in scope and some of the questions posed will be better able to be answered as more information and understanding of automated vehicles and their use in different scenarios emerges. Equally, we do not propose to respond to or comment on all questions but we offer views based on our experience to date as one of the UK’s biggest bus and coach operators, with some 8,000 buses and coaches operating in different environments across the UK. We look forward to future initiatives, particularly the planned consultation on automated vehicles in Mobility as a Service and the challenges of achieving “everything somewhere” later this year. Stagecoach Group: • Stagecoach is an international public transport group, with operations in the UK, the United States and Canada. • We are one of the UK's biggest bus and coach operators with over 8,000 buses and coaches on a network stretching from south-west England to the Highlands and Islands of Scotland. Our low-cost coach service, megabus.com, operates a network of inter-city services across the UK. • Stagecoach is a major UK rail operator, with an involvement in operating several franchised rail networks, including the East Midlands Trains network.
    [Show full text]
  • Stagecoach Group out in Front for 10-Year Tram Contract Responsible for Operating Tram Services on the New Lines to Oldham, Rochdale, Droylsden and Chorlton
    AquaBus New alliance Meet the Sightseeing ready to forged for megabus.com tours' bumper set sail rail bid A-Team launch The newspaper of Stagecoach Group Issue 66 Spring 07 By Steven Stewart tagecoach Group has been Sselected as the preferred bidder to operate and maintain the Manchester Metrolink tram Metrolink bid network. The announcement from Greater Manchester Passenger Transport Executive (GMPTE) will see Stagecoach Metrolink taking over the 37km system and the associated infrastructure. The contract will run for 10 years and is expected to begin within the next three months. right on track It will include managing a number of special projects sponsored by GMPTE to improve the trams and infrastructure to benefit passengers. Stagecoach Metrolink will also be Stagecoach Group out in front for 10-year tram contract responsible for operating tram services on the new lines to Oldham, Rochdale, Droylsden and Chorlton. Nearly 20 million passengers travel every year on the network, which generates an annual turnover of around £22million. ”We will build on our operational expertise to deliver a first-class service to passengers in Manchester.” Ian Dobbs Stagecoach already operates Supertram, a 29km tram system in Sheffield, incorpo- rating three routes in the city. Ian Dobbs, Chief Executive of Stagecoach Group’s Rail Division, said: “We are delighted to have been selected as preferred bidder to run Manchester’s Metrolink network, one of the UK’s premier light rail systems. “Stagecoach operates the tram system in Sheffield, where we are now carrying a record 13 million passengers a year, and we will build on our operational expertise to deliver a first-class service to passengers in Growing places: Plans are in place to tempt more people on to the tram in Manchester.
    [Show full text]
  • National Express West Midlands Offer the Range of Travel Cards Listed Below for Use on Our Services in the Both the West Midlands and Coventry Regions
    Exclusive Birmingham University Price List 2012 National Express West Midlands offer the range of travel cards listed below for use on our services in the both the West Midlands and Coventry regions. Annual Travel Wise & University Boundary Travelcards 25% Discount Price Regional Anywhere within the West Midlands County and adjoining £432.00 areas on bus services operated by National Express West Midlands and National Express Coventry Regional + Metro For use on Travel Midland Metro and buses anywhere within the West Midlands County and adjoining areas on bus £567.00 services operated by National Express West Midlands and National Express Coventry Regional Earlybird For use from 04:00 until 09:29 Monday to Friday, excluding Bank Holidays. Anywhere within the West Midlands County £216.00 and adjoining areas on bus services operated by National Express West Midlands and National Express Coventry Regional Earlybird + For use on Travel Midland Metro and on buses from 04:00 Metro until 09:29 Monday to Friday, excluding Bank Holidays. £283.50 Anywhere within the West Midlands County and adjoining areas on bus services operated by National Express West Midlands and National Express Coventry Metro Travelwise Boundary &UNI 25% Metrocard £472.50 For unlimited travel on all Metro services. The nbus prices below are not included in the 12.5% exclusive offer The following n Bus Travelcards can only be used on bus operators displaying the ‘nbus Accepted’ sign and are not valid outside the West Midlands County Boundary. *For use from 04:00 until 09:29 Monday to Friday, excluding Bank Holidays. Annual network West Travelwise Midlands Travelcards 5% Price n Bus £617.50 n Bus + Metro £788.50 n Bus am Peak * £308.75 n Bus am Peak + Metro* £394.25 All Travelcards are sold subject to the Company’s Conditions of Carriage and Travel Card scheme Conditions.
    [Show full text]
  • Diamond, Hallmark Diamond Bus Limited; Shady Lane Property Limited, Hallbridge Way, Tipton Road, Tividale, West Midlands, B69 3HW
    Midlands Diamond PD0001374, PD1028090 Diamond, Hallmark Diamond Bus Limited; Shady Lane Property Limited, Hallbridge Way, Tipton Road, Tividale, West Midlands, B69 3HW Part of the Rotala Group plc. Depots: Diamond Kidderminster Island Drive, Kidderminster, Worcestershire, DY10 1EZ Redditch Plymouth Road, Redditch, Worcestershire, B97 4PA Tamworth Common Barn Farm, Tamworth Road, Hopwas, Lichfield, Staffordshire, WS14 9PX Tividale Cross Quays Business Park, Hallbridge Way, Tipton Road, Tividale, West Midlands, B69 3HW Store: John’s Lane, Tividale, West Midlands, DY4 7PS Chassis Type: Optare Solo M780 Body Type: Optare Solo Fleet No: Reg No: Seating: New: Depot: Livery: Prev Owner: 20010 YJ56AUA B28F 2006 Tividale Diamond DUN, 2012 Previous Owners: DUN, 2012: Dunn-Line, 2012 Chassis Type: Optare Solo M960SR Body Type: Optare Solo SR Fleet No: Reg No: Seating: New: Depot: Livery: Prev Owner: 20014 YJ10MFY B30F 2010 Redditch Diamond 20015 YJ10MFX B30F 2010 Redditch Diamond Chassis Type: Alexander-Dennis Dart SLF Body Type: Alexander-Dennis Pointer Fleet No: Reg No: Seating: New: Depot: Livery: Prev Owner: 20023 SN05HDD B29F 2005 Tividale Diamond DVB, 2010 Previous Owners: DVB, 2010: Davidson Buses, 2010 Chassis Type: Optare Solo M960SR Body Type: Optare Solo SR Fleet No: Reg No: Seating: New: Depot: Livery: Prev Owner: 20027 YJ10MFZ B30F 2010 Redditch Diamond Chassis Type: Optare Solo M790SE Body Type: Optare Solo SE Fleet No: Reg No: Seating: New: Depot: Livery: Prev Owner: 20050 YJ60KBZ B27F 2010 Tividale Diamond RGL, 2017 20051 YJ60KHA B27F 2010 Tividale Diamond RGL, 2017 20052 YJ60KHB B27F 2010 Kidderminster Diamond RGL, 2017 20053 YJ60KHC B27F 2010 Tividale Diamond RGL, 2017 Previous Owners: RGL, 2017: Regal Busways, 2017 Fleet list template © Copyright 2021 ukbuses.co.uk.
    [Show full text]
  • Gaelic Scotland in the Colonial Imagination
    Gaelic Scotland in the Colonial Imagination Gaelic Scotland in the Colonial Imagination Anglophone Writing from 1600 to 1900 Silke Stroh northwestern university press evanston, illinois Northwestern University Press www .nupress.northwestern .edu Copyright © 2017 by Northwestern University Press. Published 2017. All rights reserved. Printed in the United States of America 10 9 8 7 6 5 4 3 2 1 Library of Congress Cataloging-in-Publication data are available from the Library of Congress. Except where otherwise noted, this book is licensed under a Creative Commons At- tribution-NonCommercial-NoDerivatives 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-nc-nd/4.0/. In all cases attribution should include the following information: Stroh, Silke. Gaelic Scotland in the Colonial Imagination: Anglophone Writing from 1600 to 1900. Evanston, Ill.: Northwestern University Press, 2017. For permissions beyond the scope of this license, visit www.nupress.northwestern.edu An electronic version of this book is freely available, thanks to the support of libraries working with Knowledge Unlatched. KU is a collaborative initiative designed to make high-quality books open access for the public good. More information about the initiative and links to the open-access version can be found at www.knowledgeunlatched.org Contents Acknowledgments vii Introduction 3 Chapter 1 The Modern Nation- State and Its Others: Civilizing Missions at Home and Abroad, ca. 1600 to 1800 33 Chapter 2 Anglophone Literature of Civilization and the Hybridized Gaelic Subject: Martin Martin’s Travel Writings 77 Chapter 3 The Reemergence of the Primitive Other? Noble Savagery and the Romantic Age 113 Chapter 4 From Flirtations with Romantic Otherness to a More Integrated National Synthesis: “Gentleman Savages” in Walter Scott’s Novel Waverley 141 Chapter 5 Of Celts and Teutons: Racial Biology and Anti- Gaelic Discourse, ca.
    [Show full text]
  • Review of Firstgroup Bus Undertakings in Bristol Provisional Decision
    Review of FirstGroup bus undertakings in Bristol Provisional decision 9 June 2017 © Crown copyright 2017 You may reuse this information (not including logos) free of charge in any format or medium, under the terms of the Open Government Licence. To view this licence, visit www.nationalarchives.gov.uk/doc/open-government- licence/ or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: [email protected]. Website: www.gov.uk/cma Members of the Competition and Markets Authority who are conducting this review Simon Polito (Chair of the Group) Anne Lambert Sarah Chambers Chief Executive of the Competition and Markets Authority Andrea Coscelli (acting Chief Executive) The Competition and Markets Authority has excluded from this published version of the provisional decision report information which the CMA considers should be excluded having regard to the three considerations set out in section 244 of the Enterprise Act 2002 (specified information: considerations relevant to disclosure). The omissions are indicated by []. Contents Page Summary .................................................................................................................... 2 Provisional decision .............................................................................................. 4 Provisional decision.................................................................................................... 6 1. Introduction and background ...............................................................................
    [Show full text]
  • Fleet List \251 Sheffield Omnibus Enthusiasts Society
    Trent Barton Group {part of the Wellglade Group Including Kinchbus, Midland General and Notts & Derby | Unofficial Fleetlist provided by Sheffield Omnibus Enthusiasts Maun Valley Industrial Park, Junction Road, SUTTON IN ASHFIELD, NG17 5GS; Meadow Road Garage, DERBY, DE1 2BH; Station Road, LANGLEY MILL, NG16 4BG; Unit 3, Sullivan Way, LOUGHBOROUGH LE11 5QS; Manvers Street, NOTTINGHAM, NG2 4PQ Fleet No Registration Chassis Make and Model Body Make and Model Layout Livery Allocation Note 0001 YJ07 EFR Optare Solo M950SL Optare Solo Slimline B32F Sprint Loughborough 0002 YJ07 EFS Optare Solo M950SL Optare Solo Slimline B32F Sprint Loughborough 0003 YJ07 EFT Optare Solo M950SL Optare Solo Slimline B32F Sprint Loughborough 0004 YJ07 EFU Optare Solo M950SL Optare Solo Slimline B32F Sprint Loughborough 0005 YJ07 EFV Optare Solo M950SL Optare Solo Slimline B32F Sprint Loughborough 0006 YJ07 EFW Optare Solo M950SL Optare Solo Slimline B32F Sprint Loughborough 0007 YJ07 EFX Optare Solo M950SL Optare Solo Slimline B32F KinchBus Loughborough 0008 YN56 FDA Scania N94UD East Lancashire OmniDekka H45/32F Notts & Derby Derby 0009 YN56 FDU Scania N94UD East Lancashire OmniDekka H45/32F Notts & Derby Derby 0010 YN56 FDZ Scania N94UD East Lancashire OmniDekka H45/32F Notts & Derby Derby 0029 W467 BCW Volvo B7TL-5150 Plaxton President H41/24F Notts & Derby Derby 0030 W474 BCW Volvo B7TL-5150 Plaxton President H41/24F Notts & Derby Derby 0031 W475 BCW Volvo B7TL-5150 Plaxton President H41/24F Notts & Derby Derby 0032 W477 BCW Volvo B7TL-5150 Plaxton President
    [Show full text]
  • 2020 Annual Report and Accounts
    Optare plc Optare ANNUAL REPORT AND ACCOUNTS 2020 ACCOUNTS AND REPORT ANNUAL OPTARE PLC ANNUAL REPORT AND ACCOUNTS 2020 REVIEW OF THE YEAR Performance highlights STRATEGIC REPORT 01 Chairman’s statement Operational highlights 02 CEO’s report 03 Our mission and values • Delivery of 114 Solos to RTA in Dubai. 04 Our key risks • Delivery of 30 Metrodecker EVs to Metroline for one of London’s first zero emission double decker routes commencing service in August 2019. • Delivery of the first of 21 Metrodecker EVs to York. Service to commence in quarter 3 2020. • Roll-out of the next generation Metrocity EV 240kwh. The new CORPORATE GOVERNANCE range is based on the existing platform with the addition of a 05 Board of Directors short derivative for congested urban environments due for 07 Corporate governance launch in late 2020. 09 Directors’ and Senior Officers’ remuneration report 11 Directors’ report Financial highlights 14 Statement of Directors’ responsibilities • Revenue for the period was £37.1m, a drop of 25% over prior year. • Gross loss was £0.9m over the twelve-month period (2018/19: £5.3m gross profit representing 11% of turnover). • Loss after tax was £15.5m (2018/19: £8.9m). • Operating cash outflow before working capital changes was £11.0m (2018/19: £5.8m). FINANCIAL STATEMENTS 15 Independent auditor’s report to the members of Optare plc 17 Consolidated income statement and statement of comprehensive income 18 Consolidated statement of changes in equity 19 Consolidated balance sheet 20 Consolidated cash flow statement 21 Summary of significant accounting policies 26 Notes to the consolidated financial statements 37 Company balance sheet 38 Company statement of changes in equity 39 Summary of significant accounting policies 40 Notes to the Company financial statements 44 Advisers CHAIRMAN’S STATEMENT Continued focus on long-term REPORT STRATEGIC growth and evolution emission technologies and solutions across during the COVID-19 pandemic, we have the product range; explored the online opportunities for blended learning.
    [Show full text]
  • Alternative Ad.Qxd
    P007_TESP_OCT10.QXP:Layout 1 27/9/10 14:34 Page 7 ECONOMY AND ENVIRONMENT And she adds that, with the EV covering 65 miles a day on up to 13 round trips, the batteries still had around 20% capacity remaining. Permanent charging arrangements, particularly for layovers, “would enable that mileage to be increased significantly,” she suggests. John Johnson, managing director of the bus Cost company, comments: “Although much data has still to be analysed, and we did identify infrastructure issues, our initial findings show a convincing case for the EV on this particular type of service.” It’s not the first time Optare’s all electric bus has appeared on UK streets. Durham County Council was the first local authority in the UK, with three Solo EVs being operated by Veolia on its Durham Cathedral service. These units were acquired with cutting grant aid from the government’s Green Bus Fund Available and emerging technologies are proving themselves (now with second round £15 million funding up for grabs until October), which makes up the cost hike eminently capable of reducing fuel consumption and over equivalent diesel-powered buses. This county emissions – but at what cost? Brian Tinham reports council estimates that using these buses will save 42 tonnes of CO2 emissions a year. All well and good, but no-one is forecasting a rials in Stratford-upon-Avon of the UK’s Optare’s all electric wholesale move to electric buses – not even first full-size battery-powered bus, the battery-powered bus Optare’s optimistic commercial director Glenn Saint.
    [Show full text]
  • Scotland/Northern Ireland
    Please send your reports, observations, and comments by Mail to: The PSV Circle, Unit 1R, Leroy House, 9 436 Essex Road, LONDON, N1 3QP by FAX to: 0870 051 9442 by email to: [email protected] SCOTLAND & NORTHERN IRELAND NEWS SHEET 850-9-333 NOVEMBER 2010 SCOTLAND MAJOR OPERATORS ARRIVA SCOTLAND WEST Limited (SW) (Arriva) Liveries c9/10: 2003 Arriva - 1417 (P807 DBS), 1441 (P831 KES). Subsequent histories 329 (R129 GNW), 330 (R130 GNW), 342 (R112 GNW), 350 (S350 PGA), 352 (S352 PGA), 353 (S353 PGA): Stafford Bus Centre, Cotes Heath (Q) 7/10 ex Arriva Northumbria (ND) 2661/57/60/2/9/3. 899 (C449 BKM, later LUI 5603): Beaverbus, Wigston (LE) 8/10 ex McDonald, Wigston (LE). BLUEBIRD BUSES Limited (SN) (Stagecoach) Vehicles in from Highland Country (SN) 52238 9/10 52238 M538 RSO Vo B10M-62 YV31M2F16SA042188 Pn 9412VUM2800 C51F 12/94 from Orkney Coaches (SN) 52429 9/10 52429 YSU 882 Vo B10M-62 YV31MA61XVC060874 Pn 9?12VUP8654 C50FT 5/98 (ex NFL 881, R872 RST) from Highland Country (SN) 53113 10/10 53113 SV 09 EGK Vo B12B YV3R8M92X9A134325 Pn 0912.3TMR8374 C49FLT 7/09 Vehicles re-registered 52137 K567 GSA Vo B10M-60 YV31MGC1XPA030781 Pn 9212VCM0824 to FSU 331 10/10 (ex 127 ASV, K567 GSA) 52141 K571 DFS Vo B10M-60 YV31MGC10PA030739 Pn 9212VCM0809 to FSU 797 10/10 54046 SV 08 GXL Vo B12BT YV3R8M9218A128248 Pn 0815TAR7877 to 448 GWL 10/10 Vehicle modifications 9/10: fitted LED destination displays - 22254 (GSU 950, ex V254 ESX), 22272 (X272 MTS) 10/10: fitted LED destination displays - 22802 (V802 DFV).
    [Show full text]