© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - First Great Western Franchise Award
Posted 24th March 2015

First Great Western Franchise Award

FirstGroup, the leading transport operator in the UK and North America, has signed an agreement with the Department for Transport ('DfT') to operate the First Great Western rail franchise until 1 April 2019, which could also be extended by up to one further year at the DfT's discretion. FirstGroup's

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

First Great Western Franchise Award
Image

First Great Western Franchise Award

FirstGroup, the leading transport operator in the UK and North America, has signed an agreement with the Department for Transport (‘DfT’) to operate the First Great Western rail franchise until 1 April 2019, which could also be extended by up to one further year at the DfT’s discretion. FirstGroup’s experience of managing the route over many years will be crucial to the successful delivery of the major programme of infrastructure upgrades on the network.

First Great Western will see the largest fleet upgrade on the route in a generation, with new or updated trains planned for every area of the network. This will result in additional and more frequent services, using faster and more comfortable trains offering improved amenities such as free Wi-Fi. Journey times from London to Oxford, Bristol, South Wales, and Devon and Cornwall will reduce.

Key commuter markets including Bristol, Exeter, Oxford and Gatwick Airport will benefit from increased capacity, and there will be 16% more peak time seats into and out of London Paddington station. Services between London and Bristol will increase by 70%. By December 2018 there will be 9,000 additional seats every day across the franchise.

Stations will be upgraded with investment in facilities including security, customer information, accessibility and more car parking and bike storage. During the new franchise period a £2.2m community investment fund will enable station and train service improvements around lower income communities. There will also be programmes to address accessibility.

Commenting, Tim O’Toole, Chief Executive said:

“We are delighted to be awarded the contract by the DfT to operate the Great Western franchise to at least 1 April 2019, in a deal that will deliver for passengers and taxpayers. As the proud operators of this important franchise, we will be using our unrivalled knowledge and experience of the network to help deliver significant upgrades over the next few years, in particular the introduction of new trains as the mainline is electrified.

“We are already working closely with the DfT and Network Rail to deliver the initial phases of the £7.5bn Great Western Mainline modernisation programme. This investment is the biggest on the route since Brunel, and will transform a key part of the country’s transport infrastructure.

“Under our experienced management, the franchise will see new or refurbished trains on every part of the network, resulting in more frequent and faster journeys and an increase in the number of seats. These, and a range of further passenger benefits, will keep people moving and communities prospering across the Great Western network.”

Benefits for customers by the end of the franchise period include:

· Plans for new or updated trains in every area of the network, creating three million additional seats a year across the network
· More direct trains into Devon and Cornwall, doubling the number of trains into and out of Cornwall and reducing journey times between Paddington and Penzance by up to 14 minutes
· Faster trains between South Wales, Bristol and London, delivering journey times between London and Bristol Temple Meads of 79 minutes and cutting journey times into Cardiff by up to 14 minutes
· More seats for commuters in key cities including Bristol (52% increase) and Exeter (58%)
· 100 additional customer-facing employees on long distance trains
· £50 million investment with our partners to improve stations and car parks, introducing 2,000 more car parking spaces
· £2.2 million fund to target station and train service improvements around areas of social need and lower income communities
· Free Wi-Fi introduced across all our fleets
· More funding for Community Rail Partnerships on local branch lines
· A paid work placement programme for the long term unemployed, including community work placements and working with The Prince’s Trust to develop a “Get into Railways” mentoring programme.

Categories: Strategy


You Might Also Like
Read Full PostRead - Eye Icon
End-to-End Warehouse Management
News
30/01/2024End-to-End Warehouse Management

Any warehouse owner or operator will tell you that managing stock can be one of the trickiest parts of the job. Despite recent upgrades in technology, it seems as though the older methods are still being deployed to this day, with little room for improvement.

Read Full PostRead - Eye Icon
The Economic Benefits Of Investing In Portable Office Solutions
Innovation
23/04/2024The Economic Benefits Of Investing In Portable Office Solutions

Being able to work anywhere is an arrangement that many organizations have been incorporating in their operations in the past few years.

Read Full PostRead - Eye Icon
Europe: On the Road to Recovery
Leadership
13/10/2015Europe: On the Road to Recovery

We got in touch with Laïd Estelle Laurent to find out more about BloWin, a French boutique law firm, and their insight into the European economic recovery.

Read Full PostRead - Eye Icon
How Common Are Office Injuries – And What Can You Do About Them?
Legal
31/05/2022How Common Are Office Injuries – And What Can You Do About Them?

Being an office worker may not be amongst the riskiest professions, but an office environment can present a range of hazards which often result in harm. But what can you do if you’ve been injured at work?

Read Full PostRead - Eye Icon
Gehl Foods acquired by Wind Point Partners
M&A
27/03/2015Gehl Foods acquired by Wind Point Partners

Gehl Foods announced today that it has been acquired by Wind Point Partners.

Read Full PostRead - Eye Icon
All Wheels All Ages All Abilities
Innovation
20/11/2017All Wheels All Ages All Abilities

All Wheels All Ages All Abilities

Read Full PostRead - Eye Icon
From India to International
Leadership
23/05/2022From India to International

Initially formed in 1992, Krishna & Saurastri Associates LLP began its journey in the industry when it merged with a law practice set up in 1956. Recognised as the Leading Intellectual Property Prosecution Law Firm of the Year, Krishna & Saurastri Associates L

Read Full PostRead - Eye Icon
2016’s Alternative Investment Top Twenty-Five – Japan
Finance
01/11/20162016’s Alternative Investment Top Twenty-Five – Japan

First established in April 2005, Stats Investment Management Co., Ltd. is a hedge fund manager based in Japan specialising in managing Japanese equity long/short strategies.

Read Full PostRead - Eye Icon
Airport Ground Handling Merger May Give Rise to Competition Concerns
Strategy
15/12/2016Airport Ground Handling Merger May Give Rise to Competition Concerns

Menzies’ acquisition of ASIG may give rise to competition concerns over ground handling services at Aberdeen Airport.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow