Belfast Telegraph

Thursday 27 November 2014

Dividend frozen by FirstGroup

Transport group FirstGroup has frozen its dividend following the West Coast rail franchise fiasco, but said it remained "committed" to UK rail.

The company, whose appointment to take over from Virgin Rail was cancelled due to a flawed bidding process, will review the full-year payment once its prospects are clearer.

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting? customercare@belfasttelegraph.co.uk