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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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Siemens unveils design for £200 million Goole factory

Impressions of the £200 million Siemens factory at Goole have been released after more plans were submitted to East Riding of Yorkshire Council.

The planning application provides specific details of the layout, scale, appearance and landscaping of the facility, which could be open in 2023. Outline planning consent was granted in July last year.

Approval is needed for 55,000 square metres of manufacturing, assembly, warehouse, testing and offices; the plan is to deliver this in two phases.

The first phase will enable the construction of the £1.6 billion Piccadilly Line train order for London Underground.  The second phase would depend upon future contract wins; the site has been phased to enable the first part to operate in isolation.

Construction could begin by early summer. It’s planned up to 700 jobs will be created, as well as a further 250 during construction. Through the potential UK supply chain a further 1,700 jobs could be created.

  • For the FULL story, read RAIL 900, published on March 11, and available digitally from March 7.

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