Eurostar on brink: UK told not to fall for ‘cheeky’ demands as firm is ‘French owned’.
Eurostar remains in turmoil as the Government continues to hold back on offering support. The company has until June to repay £400m (€450m) loans that it took out to bolster a collapse in revenue after passenger numbers plummeted during the pandemic. One Government source said last week that “the tunnel and the rolling stock are there. Someone would take them on, even if the company went to the wall”. They added: “There’s no appetite for bailing them out at all.”
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