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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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Beacon acquires rolling stock firm

DRS 68004 at Norwich on August 9 2014. RICHARD CLINNICK.

Beacon Rail Leasing, which owns the Class 68 fleet and is buying rolling stock for TransPennine Express, has bought Ascendos Rail Leasing, a European locomotive and rolling stock leasing company.

As a result, the Beacon and Ascendos combined portfolio now includes 225 locomotives and more than 1,000 wagons leased in the UK, Scandinavia, Belgium, the Netherlands, Poland and Germany. There are 55 passenger trains leased in UK and Germany, and 67 double-deck coaches in Denmark. Thirteen rakes of Mk 5s are on order for TPE.

Highlighting the TPE deal, Beacon Chief Executive Ted Gaffney said this marked the beginning of a new chapter for the company. 

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