Whether Mr Leeder's recent German business experience qualifies him for analysing First's current situation is debatable; fbb guesses that First's board of directors might not be impressed with his thoughts!
Some of the items from yesterdays Passenger Transport quote may also be debatable. fbb cannot remember First Bus announcing in 2013 its intention to dispose of 50% of its bus business. Giles Fearnley's job was primarily to reduce debt and a big contribution to this was the sale of First's London business; since then there has been a policy of disposal of weak businesses but some which were in a bad way have been turned round, e.g. Cornwall.
At best the Passenger Transport article is attempting to be prophetic and, until Apollo comes clean, prophecies are likely to be unreliable.
Interesting times ahead!
Anyone want to buy First South Yorkshire?
Yesterday Mrs fbb bought a tub of Rodda's clotted cream to add to the cake for the yesterday's Bible Study "Fifth Monday Special". the cake was delicious, but both fbb and Mrs were intrigued by Rodda's interpretation of the geography/politics of the British Isles.
The usual mistake is to mix up the Isle of Wight (near Southampon) ...
The Isle of Man also known simply as Mann is a self-governing British Crown dependency in the Irish Sea between the islands of Great Britain and Ireland. The head of state is Queen Elizabeth II, who holds the title of Lord of Mann and is represented by a Lieutenant Governor.
It is NOT part of the United Kingdom!
Still trying to catch up tomorrow.