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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Approximately 320,000 passengers have used Cambridge North station since it opened on May 21 last year, an average of 6,000 per week.
Greater Anglia says more than 10,000 passengers per week are now using the station, with that figure above the operator’s growth target. A Costa coffee shop is about to open at the station.
Our Head of News, Richard joined RAIL in 2005 from local press, where he had been working since 2002. He covers all aspects of news for the magazine and website, specialising in operations and rolling stock.
RAIL is Britain's market leading modern railway magazine.
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AndrewJG8918 - 24/05/2018 20:00
Plus Great Northern and Greater Anglia do share the bay platform that their trains do come from London Kings Cross or Liverpool Street as it’s convenient for people to travel to London Kings Cross or London Liverpool Street from Cambridge North. Plus could Thameslink trains use the bay platform at Cambridge North or is Thameslink to terminate at Cambridge.
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