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Souter set to increase stake in Stagecoach

Stagecoach chief Brian Souter is considering increasing his stake in the company after its shares plunged 20% on the back of a confirmation to investors that a slowing economy is likely to affect its rail business and lead to job cuts.

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TIM SHARP - City Editor

Stagecoach chief Brian Souter is considering increasing his stake in the company after its shares plunged 20% on the back of a confirmation to investors that a slowing economy is likely to affect its rail business and lead to job cuts.