Go-Ahead chiefs take pay cut as government props up UK bus providers

(Reuters) - Management at London bus and train operator Go-Ahead Group said it was taking a 20% pay cut on Friday as they welcomed 167 million pounds ($206.60 million) in new aid from the government to keep commuter services running for essential staff during the coronavirus lockdown.The government late on Thursday agreed additional funding for the industry that will be paid to operators over the next 12 weeks.Go-Ahead, which also manages a number of services in other UK cities, said fare..