Go-Ahead in the race for Thameslink but Thameside is a no go
Mixed news for FTSE 250 transport firm Go-Ahead as it is shortlisted to bid for the new Thameslink franchise but is not invited to bid for the Essex Thameside contract.
Mixed news for FTSE 250 transport firm Go-Ahead as it is shortlisted to bid for the new Thameslink franchise but is not invited to bid for the Essex Thameside contract.
Thameslink is a multi-billion pound project providing new and longer trains between north and south London.
Essex Thameside connects London, Tilbury and Southend and is a major commuter artery. Go-Ahead says it will be seeking feedback from the Department for Transport on the failure.
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Go-Ahead already operates the Southern, Southeastern and London Midland franchises through its 65% owned subsidiary Govia.
Since the beginning of the year Go-Ahead has dropped 5.8%
BS
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