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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: "The current UK political situation does not deter us."

While the UK continues to face uncertainty over what kind of Brexit deal there will be when it leaves the European Union, Talgo is adamant that this does not affect its plans.

“The current UK political situation does not deter us. We are engineers and not politicians. We are very excited about the opportunity,” President Carlos de Palacio told RAIL on April 1 in the company's Las Matas headquarters, near Madrid.

“If you build world-beating products, then the rest of the world will beat a path to your door. We intend to do that for the UK and in the UK. The UK has a great engineering and railway past and present, and we want to help make sure that the UK has a great engineering and railway future.”

  • For the FULL story, read RAIL 877, published on April 24, and available digitally on Android, iPad and Kindle from April 20.

 



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