Transport group Go-Ahead has postponed its financial results and is preparing to suspend trading in its shares as negotiations continue over a missing £25m amounting to “serious breaches” at Southeastern railways.
Shares plunged by 25% on Thursday after the news. The bus and rail operator was stripped of the contract to operate the commuter network in September after the government uncovered discrepancies running over several years since 2014.
The transport secretary, Grant Shapps, said at the
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