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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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Birmingham HS2 Interchange build begins

Preparatory work is almost complete on the site of HS2’s new Interchange station that will serve Birmingham Airport, the NEC and Birmingham International. Major structures have started to arrive ahead of construction.

The 150-hectare site is within a triangle of land formed of the M42, A45 and A452. Modular bridges are currently being constructed over the M42 and A446, while remodelling of the road network is needed to create access to the new station.

Led by Urban Growth Company, there are major regeneration plans around the site to support 70,000 new and existing jobs, 5,000 new homes and 650,000m2 of commercial space that will generate an estimated additional £6.2 billion Gross Value Added (GVA) per year.

“As a transformational project, HS2 will play a pivotal role in creating regeneration opportunities around the station, with plans for new jobs, homes and commercial space resulting in a huge boost to the regional economy,” said Matthew Botelle, HS2 Ltd Stations Director.

  • For the FULL story, read RAIL 901, published on March 25, and available digitally from March 21.

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  • Clive Broadhead - 09/03/2020 10:54

    Will the building be demolished if HS2 is subsequently found to contravene climate change legislation?

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  • Roger Hazlewood - 10/03/2020 20:44

    HS2 Is wrong at every level - cost - environmental damage - cost of using it - money should be put into local railways not HS2. Nobody wants it

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  • Roger Hazlewood - 10/03/2020 20:46

    HS2 is wrong at every level- cost - environmental damage- cost of using it - money should be put into local railways

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