All news on the topic: FirstGroup PLC

A £500m deal for 14 new trains has secured hundreds of jobs at Hitachi’s factory in north-east England.

The German owner Deutsche Bahn secured the sale, understood to be worth around 1.6 billion euros (£1.4 billion), after lengthy efforts to offload the firm to reduce its debt

Parent company FirstGroup shelled out the millions in dividends last year while train passengers were facing delay after delay. The rail firm will fall under Government control at the end of the month