(11 Mar 2017, 3:11 pm)Tamesider wrote Having read a very nasty rumour on another forum recently, I would echo your call for people to back "facts" with evidence.
I've just checked the last financial report for Busways as a whole and it made a post-tax profit in 15/16 of £9.03 million, which was actually an £800K increase. Cleveland Transit was £2.5 million. Greater Manchester Buses South was £9.46 million. I mention the latter because it's various depots see heavy investment year on year. To put that into context, Busways has less than half the number of vehicles GMBS has, yet generates almost as much post-tax profit.