Charity Nottingham Community Transport is to start a new trading arm called CT4N on 2 January – under which it will operate bus services currently run on behalf of Nottingham City Council (NCC).
All bus services operated on behalf of NCC – Locallink, Centrelink, Ecolink, Medilink and Worklink – will transfer to the subsidiary company, however the accessible, door-to-door service Easylink and vehicle hire service, Group Travel will remain under the charity.
It operates a fleet of 58 electric buses and 12 diesel buses, and employs 140 staff, of which 10 will remain with the charity with all other staff transferring to CT4N.
CT4N was granted an O-Licence in September for 75 vehicles.
The move is to comply with the law and enable it to generate trading income as a full profit-making entity.
All CT4N profits will be gift aided to the charity.
General Manager, Ian Combellack says: “We wish to reassure all our customers, stakeholders and friends that this exciting new development for Nottingham CT will improve and enhance our services to the community, and allow us to grow and expand in the near future.
“However, on the ground, business will very much be as usual and we will continue to maintain the service standards and commitment to the Nottingham community that is central to our values.”