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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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Adonis nominated to chair Crossrail 2

Andrew Adonis has been nominated to fulfil the role of chairing Crossrail 2, by Mayor of London Sadiq Khan, Secretary of State for Transport Patrick McLoughlin and Chancellor George Osborne.

Adonis has previously served as Transport Secretary and as Minister for Schools, and currently chairs the National Infrastructure Commission (a role he will continue). His proposed appointment is subject to approval by the London Assembly and Transport for London Board.

“Without Crossrail 2 London will grind to a halt,” he said. “There are no greater challenges facing London than overcrowding on the transport network and the city’s acute housing crisis. Crossrail 2 will help tackle both.

  • For more on this, read RAIL 802, published on June 8.

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