Eurostar: Finance

(asked on 21st January 2021) - View Source

Question to the Department for Transport:

To ask Her Majesty's Government what plans they have to provide financial support to Eurostar; and if they have any such plans, whether they will require Eurostar to make any surplus rolling stock available to other operators.


Answered by
Baroness Vere of Norbiton Portrait
Baroness Vere of Norbiton
Parliamentary Secretary (HM Treasury)
This question was answered on 29th January 2021

Ministers and officials, working with other Government Departments, have engaged very regularly with Eurostar since March 2020 in relation to their financial situation. The Department continues to work closely with Eurostar to consider all commercial financing options available to the company, which include drawing on existing support schemes where eligible and appropriate. We will also continue to discuss Eurostar’s financial situation with the French Government.

With regards to reallocation of surplus rolling stock, any such decision would be dependent on commercial demand, of which there is currently little or none for international services.

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