Thameslink operator slumps into the red ahead of Elizabeth Line takeover

The operator of London’s Thameslink and Gatwick Express slumped into the red before taking over the Elizabeth Line, it has been revealed. Go-Ahead has reported a pre-tax loss of £36.9m for 2024, having posted a pre-tax profit of £9.7m for the prior 15 months. The Newcastle-headquartered group had been listed on the London Stock Exchange [...]