Government support urged for struggling Eurostar

A group of prominent business leaders have written to the UK Government urging financial support for Eurostar as it struggles with the decline in passenger numbers.

The rail company, which connects the London to European capitals has been hit by international travel restrictions caused by the Coronavirus pandemic.

The letter comes from London First and asks for to the government to make loans available to the company as well as business rates relief.

Warning that the St Pancras operator will run out of money in the coming months, the letter says “Eurostar is not asking for special treatment. We urge you to ensure that they have equal access to financial support as companies in similar positions – at the very least this should include business rates relief and access to Government loans.”

It has been signed by bosses of companies and organisations including Fortnum & Mason, Excel, UK Power Networks and Siemens.

Of passengers travelling between London and the European cities of Paris & Brussels, nearly 4 in every 5 passengers choose the train according to London First making it a vital connection for business and leisure travel.