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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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Crossrail supports sustainability

More than 4,000 people from London are now working on Crossrail, and the project has exceeded its target of creating 400 apprenticeships.

The figures are contained in Crossrail’s sustainability report, which examines the line’s social, economic and environmental impact from the start of construction in 2009.

The report also found that 95% of contracts awarded by Crossrail were to UK companies, with 61% of suppliers based outside the capital, and that 98% of excavated material has been re-used with the “vast majority” transported by rail and boat.

  • For more on this, read RAIL 782, published on September 2.

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  • Andrewjgwilt1989 - 02/09/2015 22:28

    Hopefully the Crossrail project should be completed by 2018 and a full service along with new trains to be operational from 2019.

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