Eurostar: Long-term Viability

Transport – in the House of Commons at on 24 June 2021.

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Photo of Jeff Smith Jeff Smith Shadow Minister (Housing, Communities and Local Government)

What recent assessment he has made of the long-term viability of Eurostar.

Photo of Robert Courts Robert Courts Parliamentary Under-Secretary (Department for Transport)

The Department fully expects that Eurostar will continue to be a highly successful, profitable company carrying record numbers of passengers once international travel recovers.

Photo of Jeff Smith Jeff Smith Shadow Minister (Housing, Communities and Local Government)

But the Minister knows that there has been a real threat to Eurostar’s survival, and British business leaders and the Chair of the Transport Committee have all called for our Government to be part of the solution. Eurostar is not just a vital service; it contributes to our net zero agenda. When we are in a climate crisis as well as a covid crisis, does the Minister think it is right that the Government should be giving billions in loans and guarantees to air travel and risk Eurostar going under?

Photo of Robert Courts Robert Courts Parliamentary Under-Secretary (Department for Transport)

The Government welcome the recent announcements from the company and its shareholders and lenders regarding a new financing package. We will continue to engage with Eurostar fully to understand the company’s position, but we would expect shareholders, including the Majority shareholder SNCF—the French state-owned railway—to exhaust all options fully and play their full part.

Minister

Ministers make up the Government and almost all are members of the House of Lords or the House of Commons. There are three main types of Minister. Departmental Ministers are in charge of Government Departments. The Government is divided into different Departments which have responsibilities for different areas. For example the Treasury is in charge of Government spending. Departmental Ministers in the Cabinet are generally called 'Secretary of State' but some have special titles such as Chancellor of the Exchequer. Ministers of State and Junior Ministers assist the ministers in charge of the department. They normally have responsibility for a particular area within the department and are sometimes given a title that reflects this - for example Minister of Transport.

majority

The term "majority" is used in two ways in Parliament. Firstly a Government cannot operate effectively unless it can command a majority in the House of Commons - a majority means winning more than 50% of the votes in a division. Should a Government fail to hold the confidence of the House, it has to hold a General Election. Secondly the term can also be used in an election, where it refers to the margin which the candidate with the most votes has over the candidate coming second. To win a seat a candidate need only have a majority of 1.