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Birmingham Post
Birmingham Post
Business
Coreena Ford & Graeme Whitfield

Transport group Go-Ahead delays results for third time as franchise investigation continues

Troubled transport group Go-Ahead has delayed the publication of its financial results for a third time as investigations continue into its rail franchise scandal.

The Newcastle-based rail and bus group has been in crisis since September when it admitted that it had not declared £25m of funding relating to the London & South Eastern Railway (LSER) contract.

The company’s Govia joint-venture, in which it has a two-thirds share, was later stripped of the contract and it is facing a fine from the Government.

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