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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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GEML Taskforce looks forward to hearing from bidders

Mark Pendlington

Mark Pendlington, chairman of New Anglia LEP and co-chairman of the Great Eastern Main Line Taskforce, has welcomed the announcement that the three bidders who have pre-qualifed for the Anglia franchise starting in October 2016 must show how they will deliver reduced GEML journey times.

Pendlington said: “This is an important next step in our campaign to get a faster, more reliable rail service for the thousands of long-suffering passengers and businesses across Suffolk, Norfolk and Essex.

“It is especially pleasing to see the rail minister outlining that any bidder should show how they can deliver the recommendations of our Great Eastern Main Line Taskforce, including the key target of achieving Norwich in 90, Ipswich in 60 and Colchester in 40 minutes.

“We look forward to hearing from the three bidders on how they are going to bring new ideas, innovative thinking and renewed energy to a railway that must be fit for 21st century operations and a growing successful economy.”

 

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