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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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Shapps take top Transport post

Grant Shapps has replaced Chris Grayling as Secretary of State for Transport.

The Conservative MP for Welwyn Hatfield was appointed on July 24, the same day that Boris Johnson officially became Prime Minister.

Shapps (50) became an MP in the 2005 General Election. He was last in office between May 11 and November 28 2015, when he was Minister of State for International Development.

From September 4 2012 until May 11 2015 he had been chairman of the Conservative Party, while from May 13 2010 until September 4 2012 he was Housing Minister.

Grayling is understood to have offered his resignation as early as July 23, having been Transport Secretary for a little over three years.

  • For the FULL story, read RAIL 885, published on August 14, and available digitally on Android, iPad and Kindle from August 10.

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