Swindon Borough Council has sold Thamesdown Transport, its loss making arms length municipal bus company, to Go-Ahead Group for a reported £11.2million, leaving just 10 such companies - seven in England - still remaining in council ownership. Judged UK Bus Operator of the Year in 2011, the 85-vehicle Thamesdown company lost nearly £1.5million over the past four years and was expected to lose a further £149,000 in the current financial year. In 2015, the council bought its 150-vehicle depot, opened in 2005 on a new site at Barnfield Road, for £2million.
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