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FirstGroup Selected As Preferred Operator For London Overground Contract

FirstGroup plc (LON:FGP) has announced that it has been named as the preferred operator for the London Overground suburban rail network contract by Transport for London (TfL), acting through its subsidiary, Rail for London Limited. The Group’s subsidiary, First Rail London Limited (FRLL) will become the new operator from 3 May 2026, with an initial eight-year term contract and an option to extend for up to two additional years at TfL’s discretio…
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Transport for London (TfL) has appointed FirstGroup as the preferred operator for the London Overground network, in a contract estimated to be worth around €3.5 billion (£3 billion). The award marks one of the UK’s largest rail tenders in a decade and will significantly expand the company’s London portfolio. Eight-year contract with option to extend Subsidiary First Rail London will take over the operation of the London Overground from 3 May 202…

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DirectorsTalk Interviews broke the news in on Wednesday, December 10, 2025.
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