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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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EXCLUSIVE: Brexit uncertainty and HS1 plan

Brexit is the “crystal ball question”, DB Cargo UK Chief Executive Hans-Georg Werner told RAIL on January 25.

Speaking on the day the company signed an agreement with Maritime Transport Ltd to operate trains from Felixstowe and Southampton, Werner said he did not know how the UK’s decision to leave the European Union on March 29 would affect rail freight.

“This country needs products. All paper is imported, for example. Will it stop? No, maybe it will get more expensive,” he said.
He added that the company was in discussions to run extra freight trains on HS1, having told RAIL in an exclusive interview last September that the company saw the route from the Channel Tunnel to Barking as an alternative to the road system, post-Brexit.

Werner told RAIL that discussions were ongoing with the Department for Transport and HS1 Ltd to use the route, but could not offer more details.

  • For the FULL story, read RAIL 872, published on February 13, and available digitally on Android, iPad and Kindle from February 9.

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  • AndrewJG8918 - 05/02/2019 00:26

    Not forgetting HS2 aswell.

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