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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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North East is "again becoming synonymous with the best trains in the world” says MP marking Newton Aycliffe's fifth anniversary

The north east of England is “again becoming synonymous with the best trains in the world”, declared Sedgefield MP Paul Howell as he marked the fifth anniversary of the official opening of Hitachi’s Newton Aycliffe factory.

The anniversary (September 3) was on the same day that the final Intercity Express Programme train was handed over to LNER.

Since the site’s opening, 192 trains have been delivered to Great Western Railway, LNER and ScotRail. The initial £82 million investment in the site has risen to more than £110m, and a new facility to weld and paint vehicles is being built. This will improve the site’s capability, with an ambition to export trains around the world. 

Howell said: “Hitachi Rail has put train building back on the map in the North East. With such a rich railway heritage in the region, including the very first passenger railway, the North East is again becoming synonymous with the best trains in the world.”

With the GWR, LNER and SR deals complete, attention is turning to completing orders for East Coast Trains, East Midlands Railway and Avanti West Coast. 

  • For the FULL story, read RAIL 914, published on September 23, and available digitally from September 19.

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  • Catherine - 21/09/2020 22:57

    If it’s that good and synonymous why so many redundancies only a few month ago? 200 plus I recall!!! No contracts!! Strange

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