Eurostar on brink of collapse

[Eirikur]

In itself more Covid related than Brexit, but the Express readers all agree no help from the UK government should be given as it is a foreign company.
Of course the average Express reader will never travel any further than their local Wetherspoons and has no clue how vital Eurostar is for the UK economy
Eurostar on brink of collapse: French state-owned rail service BEGS for UK help | Politics | News | Express.co.uk

[AtW]

France not interested in bailout?

[Mordac]

France not interested in bailout?

You'd think they would be, given that they own a substantial stake in Eurostar.

[AtW]

You'd think they would be, given that they own a substantial stake in Eurostar.

I guess France (correctly) judged that Eurostar is more valueable to the UK

[darmstadt]

Britain doesn't hold any stake in Eurostar:

SNCF (55%)
SNCB (5%)
LCR (40%)
Caisse de Depot et Placement du Quebec (CDPQ) and Hermes Infrastructure (40%). Sold by the Treasury in 2015

Eurotunnel on the other hand...

[fullyautomatix]

UK government rather cleverly sold its stake a while back, perhaps anticipated this very situation. Eurostar in itself is just a train company, therefore it can go bankrupt and a new company will emerge. No damage to UK economy like ATW is suggesting.

[darmstadt]

The government knew about a coming pandemic? Didn't prepare for it very well did they. I think you'll find the treasury sold their because they were skint

UK government rather cleverly sold its stake a while back, perhaps anticipated this very situation. Eurostar in itself is just a train company, therefore it can go bankrupt and a new company will emerge. No damage to UK economy like ATW is suggesting.

Sent from my 5g carrier pigeon

[fullyautomatix]

The government knew about a coming pandemic? Didn't prepare for it very well did they. I think you'll find the treasury sold their because they were skint

Sent from my 5g carrier pigeon

You must be really thick. The government anticipated Eurostar going bankrupt. What are you smoking today?

[darmstadt]

So nothing to do with Tory privatisation mania and selling it for a pittance? Keep on drinking the Koolaid

You must be really thick. The government anticipated Eurostar going bankrupt. What are you smoking today?

Sent from my 5g carrier pigeon

[AtW]

So it’s going to be French menus both ways now