Stagecoach: A Classic Rags to Riches Tale from the Frontiers of Capitalism

by Christian Wolmar (Author)

• Used

  Hardcover
  1998

  $3.25

  How a brother and sister team from Perth formed StageCoach, hijacked Britain's bus industry, and became 1 of the Greatest success stories of our times. The book takes us on a magical mystery tour of Stagecoach - from it's humble beginning in perth, to it's rapid and aggressive expansion during the ' bus war ' of the mid eighties, to the company's successful stock market flotation in 1993, and to further expansion and profit growth at home and abroad which has seen the share price rise %371 since it's flotation. Today Brian Souter has more than 32 million Stagecoach shares worth 168 million pounds, while Ann Gloag has about 27 million shares worth about 141 million pounds. - all a far cry from their strict and humble origins. However they have been criticised for driving smaller companies off the road and doubts over their future business tactics and ethics.