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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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RAIL ARCHIVE: Features from RAIL 790

Read the following features from RAIL 790 (December 23 2015 - January 5 2016) by selecting the links below:

  • Shaping the future of Britain’s railway - Nicola Shaw’s investigation into Network Rail is due to report in early 2016, but its scoping document suggests changes are needed
  • Scotland’s freight fears - RICHARD CLINNICK analyses a Transport Scotland consultation on the prospects for the country’s rail freight industry
  • All ‘a-bird’ the Virgin Trains ‘Penguilino’ - Virgin Trains made heads turn at King’s Cross when it unveiled its special Christmas wrap trains - the ‘Penguilino’ and the Claus 91’. NATALIE HORTON reports
  • Freightliner’s 50 years - Undoubtedly one of rail freight’s greatest successes the Freightliner name has stood the test of time. RAIL marks 50 years of Freightliner intermodal operations

Looking for a specific feature? Contact us to request a copy.



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