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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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EXCLUSIVE: Nicola Shaw writes for RAIL

Nicola Shaw

Since the publication of the Shaw Report in March, I have continued to speak to interested groups about how to get the best out of our railway. In all cases people have been engaged, interested in the issues, and proactive on how best to support implementation of the report’s recommendations on the three themes of customer, devolution and growth - with an overarching one on diversity.

This dialogue continues the process I began when I started work on the Shaw Report, and which led to my recommendations. From the outset, I was determined that the recommendations had to take the industry somewhere - we’ve had too many reports into the state of the railways that have sat on the shelf, and I certainly didn’t want that to be the fate of this work. So, how to achieve that? Well, to listen.

  • To read the full article, read RAIL 801, published on May 25
  • To read an in-depth feature by Nicola Shaw, read RAIL 802, published on June 8.


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