Early day motion tabled by primary sponsor Brian Wilson (Labour), on Thursday, 6 May 1993, in the House of Commons. It is signed by 55 members in total.
CITY LINK COACH COMPANY
That this House notes with concern the takeover of Citylink coach company by National Express for ??5.1 million; recalls that Citylink was sold as part of the Scottish Bus Group privatisation in August 1990 for ??265,000; notes that this takeover will give National Express a near monopoly on cross-border coach services; further notes that National Express justifies the takeover by citing the need for a single strong bus company to compete against railways, while at exactly the same time the Government is bent on fragmenting the railways in the name of competition; concludes that once again privatisation has resulted in a massive rip-off of public assets and a reduction in levels of competition; and calls for referral to the Monopolies and Mergers Commission.
Secondary information
- Type
- Early day motion
- Reference
- 1962
- Session
- 1992-93
- Subjects
- Bus services Privatisation Scottish Bus Group Takeovers National Express Scottish Citylink Coaches
- Link
- View this Early day motion on www.parliament.uk
Librarians' tools
- Timestamp
- 2014-09-04 13:51:15 +0100
- URI
- http://data.parliament.uk/edms/6068
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