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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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NR’s Butcher to join Go-Ahead

Network Rail Group Finance Director Patrick Butcher is joining Go-Ahead Group in the New Year as chief finance officer.

Butcher joined NR in 2009. Before that he held finance director roles at English, Welsh & Scottish Railways, Mapeley Limited, London Underground and Kings College Hospital. He was also a management consultant at Deloitte & Touche in his early career.

NR Chief Executive Mark Carne said: “I personally want to thank him for helping us to successfully navigate the transition into the public sector last year.”

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