Bosses revealed they expect to pay the government £51.3m over its failures in running the service, which it lost last year, and has put aside £30m for a possible fine. Around £49.2m has already been paid.
The chief executive apologised for the problems, as the group identified "serious errors" in the way the franchise was run and the way it dealt with the
New boss
Bosses also said a further £21.3m hit could be taken as part of the financial implications of the Southeastern mismanagement, failings which saw Go-Ahead's shares suspended from the
The group is expected to report back on a review in the next few weeks.
(c) 2022 City A.M., source