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Sell-off of Eurostar by Cameron & Osborne

4 December 2013

Yet another short-sided privatisation by the government

Manuel Cortes, leader of the TSSA rail union, said: "This is like the East Coast line all over again. As soon as a publicly owned  rail firm starts to make serious money, they want to sell it off.
 
"It also reflects the Coalition's view that it doesn't mind European state owned rail firms running our lines as long as it is not our own public sector in charge.
 
"The French will almost certainly buy our 40% stake, meaning another franchise will be run from Europe. We invented the railways, why can't we run our own?".

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