Eurostar on brink of collapse

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AtW replied

18 January 2021, 18:58
So it’s going to be French menus both ways now
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darmstadt replied

18 January 2021, 18:35
So nothing to do with Tory privatisation mania and selling it for a pittance? Keep on drinking the Koolaid

Originally posted by fullyautomatix View Post

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

Sent from my 5g carrier pigeon
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fullyautomatix replied

18 January 2021, 17:04
Originally posted by darmstadt View Post

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?
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darmstadt replied

18 January 2021, 17:00
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

Originally posted by fullyautomatix View Post

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
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fullyautomatix replied

18 January 2021, 16:55
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.
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darmstadt replied

18 January 2021, 16:27
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...
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AtW replied

18 January 2021, 15:02
Originally posted by Mordac View Post

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
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Mordac replied

18 January 2021, 14:59
Originally posted by AtW View Post

France not interested in bailout?

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

18 January 2021, 14:51
France not interested in bailout?
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Eirikur started a topic Eurostar on brink of collapse

18 January 2021, 14:48
Eurostar on brink of collapse

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
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