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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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HS2 benefits for the North

Rail North Director David Hoggarth

The North is fully behind High Speed 2, according to Rail North Director David Hoggarth.

He told the National Rail Conference on November 5: “Particularly from a regional or Northern point of view, we’re really clear that the full benefits of HS2 (when realised) are the local and regional networks which feed into that core.

“They did a study on economic benefits, which identified - for example - £1 billion worth of productivity benefits just in the West Yorkshire area, as a result of HS2. We need to make sure the franchises, the other developments, are actually ready to capitalise on that.”

  • For more on Hoggarth's speech, and National Rail Conference coverage, read RAIL 788, published on November 25.


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