© Copyright Acquisition International 2026 - 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
Cybersecurity on the high seas
Innovation
26/04/2019Cybersecurity on the high seas

With their preference for hijacks, machine-gun-point robbery and hostage-taking ransoms, 21st-century pirates on the high seas are a far cry from the pirates that we have all heard and read about.

Read Full PostRead - Eye Icon
King & Wood Mallesons Advise Parquest’s Acquisition of Clinique du Souffle
Legal
30/07/2015King & Wood Mallesons Advise Parquest’s Acquisition of Clinique du Souffle

King & Wood Mallesons Advise Parquest's Acquisition of Clinique du Souffle

Read Full PostRead - Eye Icon
Can I Sign Documents Remotely While Self-Isolating?
Legal
17/03/2020Can I Sign Documents Remotely While Self-Isolating?

With many businesses reviewing business continuity policies in light of COVID-19, Jonathan Askin, corporate and commercial partner at JMW Solicitors, thought it might be helpful to set out to how e-signatures work so that this can be built into planning proced

Read Full PostRead - Eye Icon
Things To Consider When Choosing Legitimate Money Lenders
Finance
15/10/2020Things To Consider When Choosing Legitimate Money Lenders

Fintech ventures have changed the borrowing system, making it more accessible and reliable. This revolution has made private money lenders pose a constant threat to traditional banks. However, the current economic climate and popularity of this business have m

Read Full PostRead - Eye Icon
2016 Most Innovative Business Leader
Innovation
30/06/20162016 Most Innovative Business Leader

Skaltek is a highly renowned manufacturer of equipment to the cable and wire industry, with customers in all four corners of the globe.

Read Full PostRead - Eye Icon
ON Semiconductor Extends Tender Offer to Acquire Fairchild Semiconductor
Finance
19/02/2016ON Semiconductor Extends Tender Offer to Acquire Fairchild Semiconductor

ON Semiconductor Corporation announced that it has extended its previously announced tender offer to purchase all of the outstanding shares of common stock of Fairchild Semiconductor International Inc. for $20.00 per share in cash (the “Offer”) pending the

Read Full PostRead - Eye Icon
5 Options for Funding Your Small Business – Whatever Stage You’re At
Finance
11/10/20225 Options for Funding Your Small Business – Whatever Stage You’re At

No matter the stage you are at with your business, you might be heading for success and growth. However, for you to achieve your goals and beat the competition ahead, you need to have funds to ensure that your business meets its needs.

Read Full PostRead - Eye Icon
Technicolor acquisition of Cisco’s connected devices
Finance
04/08/2015Technicolor acquisition of Cisco’s connected devices

Technicolor acquisition of Cisco's connected devices

Read Full PostRead - Eye Icon
Seagate Technology Announces New $2.5 Billion Share Repurchase Authorization
Finance
23/04/2015Seagate Technology Announces New $2.5 Billion Share Repurchase Authorization

Seagate Technology plc announced that its Board of Directors has authorized the Company to repurchase up to $2.5 billion of its outstanding ordinary shares.



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 a number of 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