Transport operator Go-Ahead Group says it will focus on good governance and transparency in a new strategy to grow revenues to £4bn.
The North East group is aiming to turn the page on a troubled period in which it was found to have concealed funding relating to the London & South Eastern Railway (LSER) contract run as part of its Govia joint venture. It was fined £23.5m and ordered to pay back £64m owed to the taxpayer.
Chief executive Christian Schreyer said his motto was "no surprises please" and that clearer governance - including better oversight of its subsidiary companies - was needed to prevent a similar situation happening in the future.
