Date: 13/10/2014

THE British government has announced plans to sell its 40% stake in cross-Channel high-speed operator Eurostar to help reduce the national debt. The British Treasury has set a deadline of October 31 for companies to prequalify to purchase the shares and it hopes to select investors during the first quarter of 2015. UBS is advising on the sale. [From Richard Buckby]

External links

Britain to sell its 40% stake in Eurostar - International Railway Journal

IRJ

The latest news and analysis of the global railway industry from the world's leading international publication.

Related images

Early morning at Kensington Olympia in July 2005 with the morning rush hour not yet in full swing. An empty Eurostar is passing through southbound en route from North Pole Depot to Waterloo International where it will form the 08.11 service to Paris Nord. In the bay platform on the left a District Line train will soon leave on a slightly shorter journey with a shuttle service to Earl's Court and High Street Kensington.
Location: Kensington Olympia
Company: West London Railway
22/07/2005 John Furnevel

Eurostars awaiting departure for Paris and Brussels via the UKs only High Speed Rail Link stand below Mr Barlow's engineering masterpiece at St Pancras station on 5 July 2009.
Location: St Pancras
Company: London Extension (Midland Railway)
05/07/2009 Bill Roberton

A St Pancras bound Eurostar on HS1 just north west of Ashford on 28 October 2010. The tracks on the left are those of the Ashford to Maidstone line.
Location: Ashford International
Company: Channel Tunnel Rail Link Phase 1
28/10/2010 John McIntyre