Recently appointed FirstGroup finance director Jeff Carr has not let the industrial dispute at the bus and train operator's Thameslink subsidiary put him off buying his first shares in the group. Carr spent £58,198 on 15,000 shares.
Carr was previously finance director of budget airline easyJet. He has also worked in the finance area for Associated British Foods plc, Reckitt Benckiser, Grand Metropolitan and Unilever.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Last week, FirstGroup reported a 44% fall in profits to £30.3m in the six months to September 2009, even though revenues rose from £2.77bn to £2.9bn. The company hopes to achieve £200m of annual cost savings this year.
Value: £58,198
Value: £40,910
Value: £19,890
Top Director Sells
Value: $295,312
Value: $295,312
Value: $295,312
Value: $295,312
Value: £19,890
-
Will UK inflation rise tomorrow ahead of BoE meeting?August’s inflation report will be published at 7am tomorrow, one day before the Bank of England’s next rate-setting meeting
-
Thousands of savers with £250k pensions take cash over tax-free money and IHT fearsWith a record £70 billion withdrawn from pensions in the year to March, experts are concerned savers are making knee-jerk decisions without advice that could affect their long term wealth
