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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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First/Trenitalia withdraws East Midlands bid

A Joint Venture between FirstGroup and Trenitalia UK has pulled out of the bidding for the East Midlands franchise.

In a statement, the companies said the decision was made so they could focus on a joint bid for the West Coast Partnership.

This leaves Abellio, Arriva and current franchise operator Stagecoach in the bidding for East Midlands, which is due to be awarded in April 2019 ahead of an August 2019 start.

The current deal is a Direct Award that is due to end in March next year, but there is an additional 1-13 reporting period extension available to the Secretary of State if required. A further DA is planned from March until August next year.

A FirstGroup spokesman said: “FirstGroup, alongside our bidding partner Trenitalia UK, has decided to withdraw from the East Midlands franchise competition in order to focus on our joint bid for the West Coast Partnership franchise. This is an exciting opportunity to be the first operator of HS2, as well as run conventional West Coast services from London to Glasgow.”

The Invitation to Tender (ITT) for East Midlands is due to be issued in late April and should be published in May. 

  • The FULL story will appear in RAIL 852, published on May 9, and available digitally on May 5 on Android/iPad. 

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  • AndrewJGwilt1989 - 24/04/2018 12:54

    Guess it’s Abellio, MTR and DB Arriva then that one of them could take over the East Midlands franchise. I think Abellio could be favourites and to have a joint venture with JR East & Mitsui as they have taken over the West Midlands franchise that Govia lost to as its London Midland before it was renamed & rebranded as West Midlands Trains.

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