Yesterday we speculated on what was behind news that Tameside independent operator Speedwellbus was de-registering a large number of services in October.
Speedwellbus have been in touch with details about their future. We incorrectly stated yesterday that all their services were being de-registered. They are in fact reorganising their business to reflect the present harsh economic climate. Also, some of the de-registrations that appeared on VOSA's website will no longer be happening thanks to a deal with GMPTE over reimbursement levels. Some commercial services are still to be withdrawn. The recently launched S50 (Manchester - Hey Farm) service is to be scaled back to run between Ashton-under-Lyne and Mossley only.
Responding to our request for comment, the company's Managing Director Jack Hampson sent us this statement which we're reproducing in full.