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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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Japanese company to buy stake in Greater Anglia

Abellio UK is selling 40% of its Greater Anglia rail franchise to Mitsui & Co Ltd.

This is the first time a Japanese company has become a shareholder in a UK train operating company. The deal is subject to final regulatory approvals, and meets Abellio’s long-standing objective of finding a suitable partner to run GA in a 60:40 joint venture.

Abellio and Mitsui worked together in a joint venture to bid for the West Midlands franchise last year, along with East Japan Railway Company.

“We are delighted to have reached agreement with Mitsui,” said Abellio Managing Director Dominic Booth.

“With the introduction of Mitsui’s knowledge and experience, we look forward to delivering significant improvements for Greater Anglia’s customers, including through the introduction of a brand new fleet.”

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