Virus will have ‘lasting effect’ on commuting, Stagecoach warns

Stagecoach
Stagecoach

Britain’s biggest bus operator has warned it cannot say how long taxpayers will need to bankroll loss-making services hit by coronavirus.

Stagecoach said the pandemic will have a “lasting effect” on commuting as annual profits plunged almost two-thirds.

The lockdown has accelerated a pre-Covid trend of working from home, boss Martin Griffiths said. 

“It would be kind of naive and not have a lot of credibility to sit here and things aren’t going to change,” he said. “All of a sudden … a huge amount of the workforce has been asked to work at home. And not all of