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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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Four bidding for South Eastern franchise

Bidders for the South Eastern franchise were announced by the Government today (June 22).

A public consultation seeking views and priorities for the new franchise ends on June 30, with the new deal due to start in December 2018.

The bidders are:

  • South Eastern Railways Ltd - currently a wholly owned subsidiary of Abellio Transport Group Ltd. If this wins, the franchise would become a subsidiary of South Eastern Holdings Ltd, which is a joint venture between Abellio and the consortium of East Japan Railway Company and Mitsui & Co Ltd.
  • London and South Eastern Passenger Rail Services Ltd - a wholly owned subsidiary of Govia Ltd.
  • Stagecoach South Eastern Trains Ltd - a wholly-owned subsidiary of Stagecoach Group plc.
  • Trenitialia UK Ltd. 

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  • AndrewJGwilt1989 - 09/07/2017 00:09

    I think its between Trenitalia, LSEPRS (London and South Eastern Passenger Rail Services) Ltd or Stagecoach SER (South Eastern Trains) Ltd who could win the Southeastern franchise. As Govia are to lose the SE franchise. I think Trenitalia might win the bid to take over the SE franchise which they took over the Essex Thameside "c2c" franchise last year that National Express lost the c2c franchise to Trenitalia.

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