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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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Thales installs new London Underground signalling

Installation of new signalling systems has begun on London Underground by Thales.

When completed there will be a 33% capacity increase across four routes by 2022. It is replacing some signalling infrastructure that dates back to the 1930s according to Transport for London.

The work has begun between Edgware Road and Hammersmith. The four lines being modernised will be the Circle, District, Hammersmith & City and Metropolitan lines.

The system is similar to that already in place on the Jubilee and Northern lines. When fully installed, capacity will increase to 32 trains per hour at peak periods through London.

London Underground Managing Director Andrew Pollins said: “This is a major step in delivering this vital upgrade for millions of our customers. The signalling system on these lines is some of the oldest in use anywhere in the world, with parts of it dating back to the 1930s.”

Alistair McPhee, vice president of the Ground Transportation Systems business at Thales, said: “Getting installation underway takes us another step forward on our journey to provide the capacity on the network that London needs”.

  • For much more on this, read RAIL 803, published on June 22.

 

 

 

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