Go-Ahead chiefs take pay cut as govt throws lifeline to UK bus providers
Share:
(Reuters) - Management at London bus and train operator Go-Ahead Group on Friday said it was taking a 20% pay cut as it and other bus companies welcomed 167 million pounds ($206.60 million) in 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 has more than 2,000 buses in operation in London..