Dominance of the “big five” revealed

The dominance of the big five transport companies in the bus industry has been exposed in a report commissioned by the government.
It found the big five – First, Go Ahead, Arriva, Stagecoach and National Express – generated 72% of total revenues among bus companies in England in 2008.
It also discovered these five firms had a far greater operating profit margin than other bus companies, and that their operating profit margins from buses were higher than from other sectors in which they were involved. The report was compiled by LEK Consulting for the Department for Transport.