Stagecoach divvies up the profits

Not as many buses as we’d like? Fares a bit high? Yes, but it is making lovely money for its owners and shareholders. Brian Souter has just awarded himself £51 million, and his sister, Ann Gloag, nets just under £37million. The lucky shareholders are rejoicing in an issue of £340m. Let nobody tell you they couldn’t have kept running the useful X16 route from Ardrossan to Edinburgh.