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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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DB Schenker calls for assurances from UK Government over steel

DB Schenker 60019 on empty steel wagons at Barnetby East. TOM MCATEE.

DB Schenker is calling for government support for UK manufacturing, as closures and cuts to steelworks across the country threaten to reduce rail freight volumes.

“We would like to see the Government further support the UK manufacturing base and UK plc. We believe steel will remain as the backbone of construction and manufacturing, and as such we anticipate an ongoing demand… to deliver these products to the market,” DB spokesman Anna Simmons told RAIL.

  • For more on this, read RAIL 787, published on November 11. 

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  • Mark Doran - 05/11/2015 16:27

    It comes to something when a German company becomes concerned about the vulnerability of British industry to foreign competition.

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