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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 to go at Hitachi’s northeast base

Around 150 contractors will cease working at Hitachi’s Newton Aycliffe factory in County Durham at the end of the year.

The manufacturer had taken them on to work on the Intercity Express Programme and ScotRail Class 385 orders.

A Hitachi spokesman said: “It was always in our plan to have a number of people on Fixed Term Contracts, to allow our business to flex according to demand. These Fixed Term Contracts were until December 31 2018. As we had two projects running concurrently, we needed this extra support.”

More than 700 staff will be retained at the site.

The news comes after the company lost the race to build the first part of Transport for London’s Deep Tube Upgrade (to Siemens). In a Joint Venture with Bombardier, Hitachi hopes to secure the deal for a minimum of 94 trains rising to 109 (and potentially 250). The Joint Venture (JV) is now legally challenging the decision.

  • For the FULL story, read RAIL 863, published on October 10, and available digitally on Android, iPad and Kindle from October 6.

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  • AndrewJG8918 - 26/09/2018 19:53

    At least 700 jobs won’t be affected and the continuation of manufacturing the Class 800, Class 801 and Class 802 IETs (AT300s) and Class 385 AT200s.

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