Municipal bus company: Difference between revisions

Revision as of 18:10, 12 May 2006

Revision as of 15:17, 19 May 2006

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===Yellow Buses, Bournemouth===

[[Bournemouth]]'s Yellow Buses was sold to French transport transnational [[Transdev]] on 17 December 2005 for £15m, after the [[Liberal_Democrats_(UK)|Liberal Democrat]] controlled borough council decided that it could not satisfactorily invest in the company itself. The [[Conservative_Party_(UK)|Conservatives]], who had long supported Yellow Buses' retention, have called for an independent inquiry. Transdev returned 10 per cent of the equity to the council. The undertaking had been under municipal control or ownership for over 100 years.

===Burnley & Pendle Transport===

Burnley & Pendle was jointly owned by [[Burnley_(borough)|Burnley]] and [[Pendle]] councils. Liberal Democrat-controlled Pendle council's 50% share was sold to [[Stagecoach_Group|Stagecoach]] in February 1996. At the time, [[Labour_(UK)|Labour]]-controlled Burnley council stated at the time that it had no intentions to sell its share in the company, however they were not able to invest sufficient funds into the company and subsequently voted to sell its share to Stagecoach in October 1996.

===Hyndburn Transport===

[[Hyndburn]] council, based in [[Accrington]], sold its bus operations to Stagecoach in September 1996.

===Great Yarmouth Transport===

[[Great_Yarmouth_(borough)|Great Yarmouth]]'s 49 vehicle fleet and operations were acquired by [[First_Group|FirstBus]] in September 1996 for £1.1 million. The services initially operated under the Blue Bus (f) moniker, but operations were eventually absorbed into sister company Eastern Counties.

===Darlington Transport===

Amid widely-reported events, the bus operations of [[Darlington_(borough)|Darlington]] council went into administration in November 1994 following intense competition from Stagecoach, including a period of free travel on their services. [[Barnsley]]-based Yorkshire Traction had been named preferred bidder when the company was put on the market earlier in the year, but withdrew following the onset of competition.

* [http://www.competition-commission.org.uk/rep_pub/reports/1995/371bus.htm Office of Fair Trading report into the supply of bus services in the north-east of England]

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