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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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Support for proposals to extend Overground services to Barking Riverside

A public consultation on proposals to extend London Overground services to Barking Riverside has found that 90% of the respondents were in favour.

Proposals include an extension of the London Overground Gospel Oak-Barking line to a new station in the Barking Riverside development. This is the largest residential development site in east London, with planning consent for up to 10,800 homes.

It was announced in the 2014 Autumn Statement that the Government will provide a £55 million loan to support the extension, meaning that funding is available for the whole cost of the scheme.

  • For more on this story, see RAIL 767, on sale February 4.

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