Stagecoach boss set to step back

Press Association
Sir Brian Souter
Sir Brian Souter

Stagecoach boss Sir Brian Souter has signalled his intention to step down from the driving seat of the company he co-founded more than 30 years ago.

Sir Brian, whose family owns a stake worth £400 million in the transport giant, will take on the role of chairman after deciding to relinquish day-to-day running of the firm he established with just two buses in Perth.