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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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Success of major projects hinges on fixing skills crisis - NSAR

Critical skills shortages in the rail industry are putting the success of new major infrastructure projects at risk, according to research by the National Skills Academy for Rail (NSAR) and City & Guilds.

The Back on Track report, launched on November 23 ahead of the National Infrastructure Strategy launch two days later, reveals that approximately 120,000 more people need to join the rail workforce within the next decade in order to meet the skills demand, across a range of roles.

The rail sector’s ageing workforce (28% of workers are over 50 years old) means that about 15,000 people could retire from the industry by 2025. Brexit is also expected to reduce the access to overseas workers, with the proportion of EU workers already dropping from 17% to 15% between 2016 and 2018.

NSAR Chief Executive Officer Neil Robertson said: “As we look to invest in new talent to fill future skills gaps in the rail industry, it’s important to note that we also have a valuable opportunity to improve social mobility across the UK."

The report makes a number of recommendations to address the skills challenge “before it’s too late”, including developing strong career paths that attract and retain talent and utilising the green agenda to attract the younger generation to consider a career in rail.

  • For the FULL story, read RAIL 919, published on December 2, and available digitally from November 28.

  • For more on the report and its recommendations, read Analysis in RAIL 920, on published on December 16, and available digitally from December 12.


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