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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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GWML wires will meet Hendy targets - Network Rail

Network Rail says the Great Western Route Modernisation (GWRM) will be completed to targets set after the Hendy Review, and that the costs of electrification are in line with NR Chief Executive Mark Carne’s estimate of £2.6 billion to £2.8bn at 2013 prices.

Speaking exclusively to RAIL, Regional Director of Infrastructure Projects Great Western and Crossrail Region Robbie Burns described the revised ‘Hendy dates’ as “realistic”, and that the company is “firmly committed” to meeting them.

  • For more on this story, read RAIL 800, published today (May 11).

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  • Paul - 12/05/2016 13:43

    At the expense of all other electrification programmes, I will guess that MML and Transpennine will be delayed or cut back. The lack of progress between York -Leeds- Huddersfield speaks for itself

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  • BigTone - 16/05/2016 10:46

    Paul, those two projects have been paused and unpaused. They are both on a slower timetable but the work will be more thorough than just sticking up the wires. There is alot of trackwork being done, eg on the Midland, straightening the lines through Market Harborough, work at Leicester, Derby and Sheffield

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