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TSSA condemns Eurostar sell-off

13 October 2014

Manuel Cortes, leader of the TSSA rail union, has condemned government plans to sell off its 40% stake in the cross-Channel train operator Eurostar as ideologically driven madness.

"Eurostar, like East Coast trains, makes money for the public purse, and delivered £54m in profits in 2013. With a growing passenger base it is also helping to reduce demand for air travel and is therefore making a positive contribution to the nation’s environmental targets which are lagging behind where they should be.

"Not only will this sale see more of our railways fall into private hands, I have no doubt that the proceeds will be used to fund pre-election tax bribes for Conservative voters who might be thinking of voting UKIP.

“The rush to sell our nations stake in Eurostar before the general election will no doubt be accompanied by the bungling that saw that other piece of our national infrastructure, Royal Mail, sold for a song whilst the banks and city investors again wet their lips at the expense of the British tax payers.”

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