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?In this month 23 years ago (on November 5 1993), the Railways Bill finally received Royal Assent.
Click the image below to read the news story from RAIL 214 (published November 24 1993), Railways Bill becomes law - at last.
RAIL is Britain's market leading modern railway magazine.
Download the app10/03/2020
Privatisation has made the UK a better country according to former Transport Secretary
19/06/2017
Privatised passenger railway could have cost £51 billion more to operate than if British Rail had remained in state hands, a new study suggests.
Comment as guest
Comments
No comments have been made yet.