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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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McLoughlin: next PM must commit to HS2

Former Secretary of State for Transport Sir Patrick McLoughlin has contacted all the Conservative Party leadership candidates to tell them that the next Prime Minister must back HS2.

Speaking at a Railway Industry Association Rail Fellowship Programme visit to rail suppliers in Derby, McLoughlin said: “Our rail industry is of vital importance to the UK economy. And as demand grows, the Government must ensure its ambition continues to grow with it.

“HS2 is a prime example of rail being put at the heart of our economic strategy. As Transport Secretary I was proud to back HS2, and every candidate running to be the next Prime Minister should back it as well. This is a crucial project which is delivering jobs, connectivity, and enhanced capacity for the rail network. Frankly, I think it would be mad to consider scrapping it."

  • For the FULL story, read RAIL 881, published on June 19, and available digitally on Android, iPad and Kindle from June 15.

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  • John Briggs - 11/06/2019 15:12

    No really commit to scrapping it or at least review it. Route choice is poor it does not connect cities as promised. And developments such as electrification , Crewe upgrade and now overhead cable instead of buried ones should all be questioned. It is about money nothing else the bcr is terrible hense why the include benefits of projects they are not actually paying for... why Would they need to do that if it makes a good return.... it seriously needs scrutinizing it is dodgy through and through.

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  • Duncan Wilson - 13/06/2019 20:59

    I'll be voting for Boris Johnson who wants to scrap HS2. Scrapping HS2 is very important to me. All HS2 has done is take away investment from my area, and will provide no benefit here if built. With a bit of luck, the white elephant will be scrapped.

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