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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: Network Rail shaves £100 million off the final cost of King's Cross remodelling

The total cost to Network Rail of the King’s Cross remodelling project has been slashed by up to £100 million, according to NR’s London North Eastern and East Midlands Route Managing Director Rob McIntosh.

The large savings were made following his decision to defer the project (which had been due for completion by January 2019) by a further year at a stage-gate review held in January 2016.

With the project at GRIP 3 (option selection) in NR’s eight-stage Governance for Railway Investments Process, McIntosh asked his team (led by Route Delivery Director Rob Cairns) to reconsider the engineering options and how they might more cost-effectively comply with technical specifications for interoperability (TSIs) for rail, including the clearance required between overhead line equipment and other structures.

  • For the full story, read RAIL 843, published today, and also available on iPad and Android.
  • For an EXCLUSIVE interview with Route Managing Director Rob McIntosh, read RAIL 843, published today, and also available on iPad and Android.

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  • FrankH - 03/01/2018 15:37

    Is this £100 million off £337 to make it the £237 in the other article. Substantial if it is, almost a third cheaper. A little thought goes a long way so they say.

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  • Dat Fit - 04/01/2018 12:23

    That is correct, I am just an engineer working on this project and we are trying hard to save every little tax payers money

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    • FrankH - 16/01/2018 14:00

      A little tax payer salutes you.

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