But the Aberdeen-headquartered group will be bidding for its ailing rival’s east coast rail franchise – and it views Warren Buffett’s massive investment in US railways with interest.
FirstGroup has lost interest in buying National Express and is concentrating on reducing its debt, the transport giant said as it unveiled a 10% rise in its dividend despite a tough half-year.
But the Aberdeen-headquartered group will be bidding for its ailing rival’s east coast rail franchise – and it views Warren Buffett’s massive investment in US railways with interest.