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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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Government to continue running LNER to at least 2023

LNER, which operates the Intercity East Coast franchise, is to remain nationalised for another three years with the option for a further extension to 2025.

Directly Operated Railways-owned LNER is Government-controlled and has been since replacing Virgin Trains East Coast on June 24 2018. It is one of two franchises in the Operator of Last Resort (OLR) stable - the other is Northern.

The initial two-year deal that replaced Virgin Trains East Coast expired on June 28.

RAIL first reported on the planned extension in July last year (RAIL 884), when a Prior Information Notice was issued. At that point, a Department for Transport spokesman said: “Claims of a long-term extension are absolute nonsense.”

An LNER spokesman told RAIL: “This will allow us to continue delivering planned improvements for customers, including completing the introduction of Azuma trains and associated increase in services, destinations and journey times as well as our enhanced customer experience.”

  • For the FULL story, read RAIL 909, published on July 15, and available digitally from July 11.

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