Falkirk-based busmaker Alexander Dennis has denied speculation that it is in talks over a sale of the business to China. On reports that the group which employs 2000 is likely to sell to Shanghai-listed Yutong, having rejected an offer from major Chinese customer BYD, a spokeswoman for the group said: “We are not indiscussions with any Chinese manufacturers at this point in time.

“We remain committed to our long-term strategy and strengthening ADL’s position at the forefront of the bus industry in many global markets.”