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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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Independent Transport Commission launches high-speed rail report

The Independent Transport Commission today (November 20) launched its Ambitions and Opportunities: Understanding the Spatial Effects of High Speed Rail report, examining the regeneration and connectivity benefits of the European high-speed rail network.

The report draws on best practice from Paris, Randstad NL, Schiphol Airport (Amsterdam), Liege, Bordeaux, Lille, Lyon, Utrecht, Antwerp, Rotterdam and Avignon. The idea is to create a ‘tool-kit’ for policy makers in the UK, to provide lessons from the case studies of those countries to enable the UK to best capture high-speed rail investment.

The ITC is an independent land use and transport think tank, which is a research charity providing insight and analysis of long-term strategic issues affecting these two areas.

  • For more information on this story, see RAIL 763, published December 10.

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