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?
Was this article useful?Network Rail is to renew switches and crossings near Sandy, in a £3.6 million project aimed at improving reliability on the East Coast Main Line.
All lines at Sandy will be closed on February 4/5 and 11/12, with buses replacing trains between Peterborough and Hitchin.
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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