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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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Talgo meets UK companies to discuss train plans

Spanish train manufacturer Talgo has been meeting representatives from major UK cities and regions, following its declaration of aiming to build a factory in the country (RAIL 836).

Key Account Manager for the UK and Ireland Jon Veitch told RAIL that the company was meeting leading figures from Liverpool and Leeds, and that constructive meetings had also been held with those tasked with bringing investment to Scotland. Wales is another area keen to talk to Talgo, he said.

Meetings have been lined up with other regions, while Talgo is also keen to explore what is available in Ireland. Rolling stock leasing companies, financiers and franchise bidders have also been keen to meet Talgo, Veitch told RAIL on October 11.

While the company has a pedigree in high-speed trains, and is examining those opportunities, Veitch confirmed that all franchises were being explored for train needs.

No deadline has been set for the company to set up its base in the UK, but Veitch said the plan was to continue learning what the market wants, and how it can be served by the Spanish manufacturer.

Veitch said that the company was investing in the UK, and was looking at markets away from train building, including refurbishment and maintenance. 

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  • AndrewJGwilt1989 - 19/10/2017 02:59

    But do you know when Talgo's new factory in the UK will be located in. Possibly in Newport, Wales. Or Leeds Neville Hill. Or possibly near Manchester. Depends on where Talgo will plan ahead to build a new train manufacturing plant somewhere in the UK.

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