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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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Jobs boost from HS2 recruitment drive

More than 10,000 jobs will have been created by HS2, once a three-month recruitment drive launched on June 30 is complete.

HS2 Ltd is looking for candidates across a range of disciplines, including from engineering and project management to land and property. Procurement roles and commercial positions are also available. More than 300 of the jobs will be based in Birmingham.

“We continue to work with the transport and construction industry to accelerate projects, where safely possible, to kickstart our economy, provide more employment opportunities and drive our recovery as we build out of COVID-19,” said HS2 Minister Andrew Stephenson.

 

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