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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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EXCLUSIVE: How CAF is transforming UK rail

A 16-page downloadable set of special reports containing:
The inside story of CAF in the UK - How the Spanish manufacturer is transforming UK rail

  • Land of opportunity - Richard Garner explains how CAF is poised to supply trains for all sectors
  • Inside Newport - The UK’s newest train factory is officially open and building new vehicles
  • Hybrid theory - How CAF is changing the game regarding electrification and light rail
  • High speed trains - Delivering a high-speed train contract is about far more than just trains
  • Northern stars - More than 100 trains are transforming journeys across the north
  • Powerful portfolio - Buying BWB enables CAF to offer a more integrated range of services
  • CAF worldwide - How CAF has grown from the 1990s when it only supplied Spain.

https://www.railmagazine.com/special-reports/caf-special-issue-issue-900
 

  • This is a commercial project between CAF and RAIL.

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  • Paul - 13/04/2020 21:31

    Just about every U.K. train order CAF has been involved with has been massively late or had significant technical problems from MK 5 sleepers to TPE 397, all have been complete disasters. Surprised any train operator would risk awarding future work to CAF

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