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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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Virgin and Stagecoach seek end of inter-city franchising

VTEC 43319 at Hambleton. LES NIXON.

Virgin and Stagecoach have called for inter-city passenger franchises to be replaced by a licensing model, to increase competition and replace what they call the “confused and damaging” open access system.

The companies, which operate East Midlands Trains, South West Trains, Virgin West Coast and Virgin East Coast, maintain that franchising remains suitable for regional and South East commuter operations. However, they claim that introducing a licensing system would allow multiple operators to compete on a route on “a level playing field”, reduce fares and improve services. They also suggest it would make more efficient use of network capacity and protect taxpayers’ interests.

Their call is in response to the Competition and Market Authority (CMA) consultation on the UK rail market, which closed on October 16. In a withering critique of open access, they say other operators are able to “selectively run competing services on some routes without having to pay the same charges or meet the same specification”.

  • For more on this, read RAIL 786, published on October 28.

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  • Andrewjgwilt1989 - 25/10/2015 20:21

    Well Abellio could be teaming up with Stagecoach and to operate all 4 operators-East Midlands Trains, South West Trains, Virgin West Coast and Virgin East Coast. Or First Group could take over the West Coast Franchise and East Coast Franchise as First West Coast Trains and First East Coast Trains and Arriva or National Express could be taking over the Southwestern Franchise and East Midlands Franchise.

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