Tuesday 30 June 2009

Arriva pessimistic about rail market

This from Reuters...

Shares in bus and train operator Arriva (ARI.L) are down 3.9 percent as the firm warns that the slowdown in passenger growth on Britain's railways is likely to hit its results for the first half of the year.

But fear not - Lord Adonis assures us that the HLOS remains "very" affordable.