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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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Construction of Siemens’ new factory begins

Construction work began on July 6 at the site of Siemens Mobility’s Goole train factory, overseen by Prime Minister Boris Johnson.

New Piccadilly Line Tube trains will be built at the £200 million development, as well as the possibility of new fleets for the Bakerloo, Central and Waterloo & City lines. Originally the four fleets were due to be part of one order, but that has now been split.

There is also the option to build main line suburban and inter-city trains at Goole.

Johnson said of the facility: “It’s going to be a European centre for excellence for rail technology right here in the East Riding of Yorkshire.”

 

 



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  • Sheila Charles - 16/07/2020 07:00

    Siemens is of good repute. I believe they were involved in the construction of EUROTUNNEL.

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  • Sheila Charles - 16/07/2020 07:01

    Siemens is of good repute. I believe they were involved in the construction of EUROTUNNEL.

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