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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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Glaister takes over as interim ORR chairman

Professor Stephen Glaister has been appointed as chairman of the Office of Rail and Road (ORR) for a 12-month term.

Appointed by Secretary of State for Transport Patrick McLoughlin on December 17 2015, Glaister replaces Anna Walker, who has stepped down after more than six years in the role.

McLoughlin said that he chose to appoint a chairman on an interim 12-month basis while work continues on a government project looking at the ORR’s future role and responsibilities.

“A strong independent regulator is essential in maintaining the safe and smooth running of the UK’s transport network,” he said. “I am confident that Professor Glaister will bring continuity and stability to the ORR as we consider the broader shape and structure of the rail industry.”

Glaister, who has served as a non-executive director at ORR since April and was previously on the Board at Transport for London, said: “I am honoured to be leading ORR as chairman at this time of both rejuvenation and enhancement for rail and road.” 

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