Close Close

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?

View the poll

CAF’s Welsh factory is structurally complete

An aerial view of CAF’s structurally complete factory near Newport. CAF.

The structure of the new CAF factory at the Celtic Business Park near Newport has been completed, ahead of its planned opening later this year.

Work has turned to fitting out the factory, ready for production to begin this autumn. No deals have been confirmed for the site, but West Midlands Trains has hinted that its order with the Spanish company will be built there.

The factory will be capable of building suburban, metro and high-speed trains, as well as trams. CAF says 300 jobs will be created, for which recruitment has begun.

“The project is running like clockwork - on budget and on time. The new manufacturing facility will be key to CAF’s growing business operations within the UK and delivering manufacturing contracts the company has already secured,” said CAF’s UK Director Richard Garner.

Funding has been supplied by CAF and via grant support from the Welsh Government’s Inward Investment Programme.

A recruitment day held at the site by CAF on March 19 was attended by more than 700 jobseekers. It was hosted by Coleg Gwent’s City of Newport Campus and was the first open event for potential staff. Of those that attended, 631 filled out expressions of interest forms.

Graham Taylor, Chief Operating Officer CAF Rolling Stock UK, said: “I tried not to have a preconceived idea of how many people might turn up, but it went well beyond any expectations.”

Comment as guest

Login  /  Register


  • AndrewJGwilt1989 - 31/03/2018 13:54

    I reckon this new depot could be completed possibly April or May next year. With CAF to manufacture new trains in the UK (ie HS2). Along with plans to manufacture new rolling stocks for the London Underground Bakerloo, Piccadilly, Central and Waterloo & City “deep level” lines.

    Reply as guest

    Login  /  Register

RAIL is Britain's market leading modern railway magazine.

Download the app

Related content