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As lockdown restrictions ease and we start to consider travelling again, the future of cross-Channel operator Eurostar remains uncertain.
Eurostar is seeking financial support from the UK Government, citing higher access charges here as a reason.
The French Government has pledged to provide support for the operator, while £200 million has been provided by one of its shareholders, Caisse de Dépôt et Placement du Québec (CDPQ) and Hermes Infrastructure.
Registered in the UK and supporting 3,000 jobs either with the business or in the supply chain, the company is, however, 55% owned by SNCF (French state rail), 40% by CDPQ/Hermes and 5% by SNCB (Belgian state railways).
So: Should the UK Government provide financial assistance to Eurostar?

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Rail industry innovation competition seeks submissions

A competition has been launched to address key challenges faced by UK train operating companies, building on last year’s Railway Operator Challenge Competition (ROCC).

The Rail Safety and Standards Board (RSSB) and the Department for Transport have, through the Train Operator Competition, jointly sought proposals from the rail industry, that if successful they will co-fund, that actively contribute to targets outlined in the Rail Technical Strategy (RTS). These include improving customer experience and capacity whilst reducing cost and carbon. The total fund available is £6 million.

The competition is now officially open for applications and a copy of the brief can be downloaded from the Future Railway website.

Application packs are available from [email protected], after which the full invitation to tender will be issued.

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