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BUZZ-UK bus cos: boosted by UK Conservatives win

Reuters - UK Focus

** UK bus cos notch strong gains on relief that the Conservative Party surprise outright election win dents prospect of more regulation

** Labour had wanted a regulated bus service, with local govt to have been allowed to set fares & routes; this may have hurt bus operators

** Stagecoach up c.6 pct at highest level since Dec (Shanghai: 600875.SS - news) & on course for biggest one-day rise since Nov, Go-Ahead 5.2 pct higher, with National Express (LSE: NEX.L - news) , & FirstGroup up >3 pct (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)