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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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LOOKING BACK: RAIL 500 (2004)

RAIL 500: RAIL celebrates with a fold-out cover showing the Settle-Carlisle Line. Then Secretary of State for Transport Alistair Darling says: “RAIL magazine never fails to deliver on its promise to be first for news, which is why it is so high on my ‘must-read’ list.”

Elsewhere this year: Darling announces scrapping of the Strategic Rail Authority and dismisses calls for re-nationalisation. RAIL is involved in Railfest event to celebrate 200th anniversary of the railway.

RAIL 800 is on sale today (May 11).

Celebrating 800 issues of the market-leading modern rail magazine, 35 years of coverage, 21 years edited by Nigel Harris.



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