Go-Ahead regional bus business falters as costs mount
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(Reuters) - Rail and bus operator Go-Ahead slightly lowered its expectations for its UK regional bus division's annual financial performance, as it takes longer to bring a new Manchester bus company up to speed and battles costs.The company said on Thursday it had seen driver and engineering costs rise in its regional bus unit and was working to lower expenses and address underperforming areas of the business.Go-Ahead, which operates bus services in the UK, Ireland and Singapore, said this..