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O’Toole warns rivals against ‘big bet’ bids

FirstGroup Chief Executive Tim O’Toole says transport groups should make more realistic rail franchise bids, rather than place uncertain bets on their ability to deliver high levels of growth and cost control.

“These are big bets and you want to make sure that you are putting something forward that’s compelling but deliverable,” O’Toole told city analysts.

  • We've read it in: Passenger Transport, June 24 2016, Issue 137, p3