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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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Caledonian Sleeper Managing Director to step down

Ryan Flaherty, Managing Director of Caledonian Sleeper, is leaving the operator to move to the defence side of the Serco business for family reasons.

Serco operates the CS franchise, and has done since March 31 2015.

“Ryan has led Serco Caledonian Sleeper during a transformational period. Under his leadership, the business is well positioned for growth having successfully introduced a £150m fleet of new trains.

“The recruitment process for his successor as managing director of Serco Caledonian Sleeper will begin shortly, with Ryan remaining in post until there is a managed transition,” said John Whitehurst, Serco MD for Transport.

  • For the FULL story, read RAIL 897, published January 29, and available digitally from January 25.



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