Trainline shares slump after profit slips on watchdog probe
- Trainline set aside £4m for the CMA inquiry.
- First-half pre-tax profit fell to £55.2m.
- Overseas consumer operations returned to profit.
Trainline’s first-half pre-tax profit fell as the rail ticket retailer set aside £4m for legal costs and potential liabilities linked to a UK competition watchdog investigation. The CMA is examining whether the way Trainline displays mandatory booking fees complies with transparency rules, and the inquiry adds uncertainty for…