Labour Research April 2015

News

Eurostar sell-off

The announcement by the government that it is selling its 40% stake in the Eurostar cross-Channel train operator to Anglo-Canadian consortium Patina Rail for £757 million has been branded a “pre-election betrayal” by the RMT rail union.

General secretary Mick Cash said that coming hot on the heels of the re-privatisation of East Coast trains, the sell-off was “just another short sighted, pre-election act of public sector destruction based on a bankrupt pro-privatisation ideology”. He added: “The French and Belgians think we are insane knocking off such a valuable and strategic infrastructure asset.”

www.rmt.org.uk/news/rmt-slams-eurostar-sell-off-as-a-pre-election-betrayal