© 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
How to Make Sure Your Remote Team is Cyber Secure
News
29/04/2022How to Make Sure Your Remote Team is Cyber Secure

As more and more businesses go remote, it’s important to make sure your team is cyber secure at all times. Here are the top ten ways to do just that. Monitor your data centre Whether your team is using a cloud-based service or you are relying on a physic

Read Full PostRead - Eye Icon
What Does A Corporate Lawyer Do?
News
04/01/2024What Does A Corporate Lawyer Do?

If you’ve ever considered getting into law then you’re not alone, many high-school graduates go for careers in law due to the high salary and numerous opportunities in the field. But what are the best streams of law to study and what best suits you

Read Full PostRead - Eye Icon
British Land Exchanges £733 Million of Joint Venture Properties With Tesco
Finance
23/03/2015British Land Exchanges £733 Million of Joint Venture Properties With Tesco

British Land announces it has completed a £733 million property exchange transaction with Tesco. Under the terms of the transaction, British Land has sold its 50% interest in a joint venture portfolio of 21 stand-alone foodstores to Tesco and acquired Tesco's

Read Full PostRead - Eye Icon
Technology M&A – Shifting Paradigms
Innovation
15/07/2016Technology M&A – Shifting Paradigms

M&A in the technology, media and entertainment (TME) space has boomed over the last 24 months and while Brexit may dent confidence and activity, arguably this sector is better placed than most to remain buoyant.

Read Full PostRead - Eye Icon
The Intersection of Art, Commerce and Broadcasting
Leadership
03/10/2016The Intersection of Art, Commerce and Broadcasting

If first impressions and encounters are at all foretelling, the initial meeting of Connie Grazia and Nadine Licostie would be a terrific example.

Read Full PostRead - Eye Icon
Built on Integrity, Innovation, Energy, Value and Trust
Innovation
22/11/2019Built on Integrity, Innovation, Energy, Value and Trust

Optimizt Technologies offers specialist engineering and technology services to a diverse range of businesses globally, including automobile, medical equipment and heavy machinery to name a few.

Read Full PostRead - Eye Icon
Linxens Acquires Smartrac’s Secure ID & Transaction
Finance
07/11/2016Linxens Acquires Smartrac’s Secure ID & Transaction

Acquisition marks a transformational step in the development of Linxens Diversifies its product range in RFID antennas and inlays The new group will generate more than €500 million in revenue and employ 3,500 people worldwide

Read Full PostRead - Eye Icon
Insurance for Insurance – Barents RE Have It Covered
Finance
27/01/2020Insurance for Insurance – Barents RE Have It Covered

Over the course of twenty-four years, Barents RE have cultivated a presence across Europe, the Middle East, Latin America and Asia as one of the world’s most established independent reinsurance groups. Now, with up to six hundred reinsurance connections acro

Read Full PostRead - Eye Icon
How To Prepare Your Business For Sale
M&A
20/03/2024How To Prepare Your Business For Sale

As entrepreneurs, we invest not only money but years of hard work, dedication, and passion into building our businesses.



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