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?
Was this article useful?As the railway between Leamington Spa and Banbury reopens this morning (March 13), Network Rail has released a timelapse video of the repair work that has allowed the line to reopen three weeks ahead of schedule.
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Stefanie is Deputy Editor of RAIL and runs our business publication RailReview, which was launched in 2014. She joined RAIL in 2007 and still writes features for the magazine covering various topics, as well as planning content for our portfolio of events.
RAIL is Britain's market leading modern railway magazine.
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BordererA4 - 13/03/2015 15:17
Superb achievement. NR at its very best. Well done all.
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