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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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Crossrail's Morgan receives Knighthood in Queen's Birthday Honours

Crossrail Non-Executive Chairman Terence Morgan CBE was made a Knights Bachelor in the Queen’s Birthday Honours on June 10. Morgan received the award for services to UK Infrastructure, Skills and Employment.

Secretary of State for Transport Patrick McLoughlin said: “I am delighted that Terry Morgan has been honoured for all the extraordinary work he has done in overseeing the delivery of the Crossrail project and developing the Government’s transport infrastructure skills strategy.

“By placing engineering skills development at the heart of Crossrail he has shown that delivering huge infrastructure projects on time and on budget and investing in skills go hand-in-hand."

  • For more on the honours, read RAIL 803, published on June 22.

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