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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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Transport for the North takes significant steps

Transport for the North (TfN) is on track to become a statutory body in 2017, after the Government said it would propose amendments to the Cities and Local Government Devolution Bill to give the body a statutory role. 

Sub-national Transport Bodies such as TfN can be established in those areas of England that want them. Sir Richard Leese, TfN’s interim chairman, said: “Statutory status will ultimately enable TfN to implement real change, transforming Northern connectivity to rebalance the country’s economy. This announcement demonstrates the Government’s commitment to TfN and the creation of a Northern Powerhouse.” 

Current work is focused on developing TfN’s updated strategy for Northern connectivity. To be published next March, this will outline the priorities for transforming the Northern economy through enhanced connectivity between the City Regions. 

“TfN and the Government will be publishing a joint progress report later this autumn,” said Leese.

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