Politics

French rail boss warns Eurostar is just weeks from collapse – UK urged to step in

express– Jean-Pierre Farandou, chief executive of France’s state-owned rail provider SNCF, claimed the cross-Channel train operator is at risk of bankruptcy after passenger numbers slumped by 95 percent during the pandemic. He said: “We are getting closer to the moment when Eurostar have real cash flow problems… by next month, we have to conclude these discussions.” The Channel Tunnel train firm has been in negotiations with the British and French governments over a state-backed bailout.

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