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Article: Statement re ScotRail Franchise Bid.
- Article from:
- PR Newswire
- Article date:
- January 20, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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20 January 2004
FirstGroup plc Statement re ScotRail Franchise Bid
FirstGroup plc announced today that the company would continue its bid for the
ScotRail franchise despite the OFT's decision to refer the bid to the
Competition Commission.
Chief Executive Moir Lockhead said: "We are talking to the Competition
Commission to see if they are able to expedite the inquiry timetable. Meanwhile
the SRA has said that the referral will not be factored into its decision on
who will operate the franchise.
"We are confident that there are no grounds to exclude us from the process and
are heartened by the wide-ranging requests we have had to continue with our ...