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Virgin to compete with Eurostar on London-Europe HS1 route?
This week has seen several reports that the Virgin Group is readying itself to order £500 million of trains as part of its bid to break Eurostar’s monopoly on cross-channel passenger services. ‘Project Bullet’ Under the codename Project Bullet, Virgin has been raising funds from investors so that they can services in 2029. It has been...
Eurostar to face competition from Evolyn on London-Paris route
It’s an axiom of business that competition leads to lower prices, so the news that Eurostar will soon face competition on the London-Paris high speed train route is very welcome. Monopolies are rarely good for the consumer, and it seems that Eurostar’s 30-year reign as the only company offering cross-channel rail travel may be over....