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More than 800 jobs were at risk last night as administrators from Deloitte raced to find a buyer for WaverleyTBS, one of Britain's biggest suppliers of drinks to pubs, clubs and hotels. Britain is part of a debtor nation "ring of fire" where bondholders are at risk of being "burned to a crisp", the head of the world's biggest bond house has warned.
LONDON, Oct 2- FirstGroup said it was preparing to take over the running of Britain's West Coast rail line Later this year, despite a legal appeal over the contract award by incumbent Virgin Trains.
LONDON, Oct 2- Firstgroup PLC:. *UK bus division is expected to deliver like-for-like passenger revenue growth. *UK rail division like-for-like passenger revenue expected to increase by 8.1%.