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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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Three Bridges depot energised in readiness for GTR ‘700s’

Power has been switched on in the Up side of Siemens’ new Three Bridges depot.

The depot straddles the Brighton Main Line. It has been constructed by Volker Fitzpatrick on former engineer’s sidings and is powered by third-rail.

The depot will be home to the Class 700 fleet that Govia Thameslink Railway (GTR) will begin using next February (RAIL 772), along with Hornsey depot, which opens in July 2016. Siemens has spent £300 million on the Class 700 depots. 

  • For more on this story, see RAIL 773, published on April 29.
  • For a feature on the depot, and the similar facilty at Hornsey, see RAIL 774, published on May 13. 

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