Eastern loses to Lothian
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• Forty drivers are to be taken on by Lothian Region Transport, but it could be at the expense of job losses at a rival bus company. Eastern Scottish has almost certainly lost .2400,000 worth of contract work to Lothian, and if so, redundancies are likely.
Lothian is celebrating the return of the red bus network which were lost at the time of deregulation three years ago while Eastern tries to come to terms with the news that Lothian Regional Council Transport committee has approved measures which will cost it every contracted service it now operates.
Eastern was dramatically undercut by Lothian on a series of service packages which will start up on 31 July.
O More than half of Eastern Scottish's 1,200 employees are to invest £1,000 apiece to buy shares in the Edinburgh-based operation when it is privatised later this year.
Eastern Scottish managing director Andrew Gall says they have acted swiftly to pre-empt investors from the south.