Skip to content
Sunday 16 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,750.11
-0.21%
DAX
26,440.31
+0.53%
CAC 40
8,636.80
-0.16%
STOXX 50
6,539.59
-0.09%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Sunday 31 October 2021 8:24 pm  |  Updated:  Monday 01 November 2021 12:52 pm

More the merrier: Eurostar boss shrugs off Spanish rail operator eyeing Channel Tunnel

By: Millie Turner

Add as a preferred source on Google
Just The Ticket - Iconic London And Paris Landmarks Made From Recycled Train Tickets Created As Eurostar Launches New Fares
Eurostar is expecting 20,000 travellers this weekend as thousands flock to Paris for the Six Nations' final. (Photo by Tristan Fewings/Getty Images for Eurostar)

Eurostar boss Jacques Damas has shrugged off Spain running services through the Channel Tunnel, saying that red tape will hold back rival rail operators from emerging.

The owner of the tracks, HS1, however, has begun holding talks with a number of foreign train operators in a bid to attract them to the UK for rival international rail services, the Telegraph first reported.

After saving Eurostar from falling into administration earlier this year, following some 18 months of pandemic restrictions which severely curbed travel, Damas said the service was “ready” for another competitor.

The competitor would run services under the English Channel, and open up another set of gates to European travel for Brits.

“I am very happy to play the game,” Damas said. “It cannot arrive tomorrow…it is a question of years.”

The added competition, which would not arrive on the scene for some time, could pave the way to lower service prices for holiday goers.

His comments follow reports that Spanish rail operator Renfe is seeking to operate a new service between Paris and London, initiating talks with the Spanish ministry of finance to be granted permission.

The company is expected to take advantage of the slots in the tunnel under the Channel, capitalising on the high passenger demand for the route.

“Renfe wants to operate on the Paris-London high-speed line through the Eurotunnel, and has already started initial contacts to compete with Eurostar,” Renfe told AFP.

Read more

Vodafone defends migrant SIM scheme after Reform threat

Zia Yusuf at a business event, wearing a suit and tie, delivering a keynote speech in a modern conference setting

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Transport & Infrastructure

Related Topics

  • eurostar

Trending Articles

  • Grandparents fund university degrees to avoid inheritance tax net

  • Revolut chatbot goes rogue by charging users to cancel subscription

  • Brompton Bicycle sues former adviser for ‘professional negligence’

  • Revolut takes flight with launch of new airport lounges

  • Is the Zeekr 9X Super Hybrid the new luxury SUV to beat?

More from Morning Wire

  • Vodafone defends migrant SIM scheme after Reform threat

    Telecoms
    Zia Yusuf at a business event, wearing a suit and tie, delivering a keynote speech in a modern conference setting
  • BTG Consulting cites poaching from ‘major competitors’ for boosted revenues

    Advisory
    Skyline of Canada with iconic financial district buildings, highlighting UK investments and economic growth.
  • ‘Moment of jeopardy’: City leaders issue rallying cry to safeguard London’s future as top financial hub

    Business
    Business professionals in formal attire engaged in a lively discussion at a corporate meeting in a modern office setting.
  • Ordnance Survey revenue jumps as map maker goes digital

    Markets
    Ordnance Survey has revealed that an increase in demand for its data from financial services firms has helped its revenue near the £200m mark.
  • I’m 60, please don’t give me a Freedom Pass

    Opinion
    Close-up of a blue Oyster card against a white background, highlighting its role in public transportation payment systems.
  • Osmose Europe Ltd. Strengthens and Expands Electric Utility Infrastructure Solutions with the Acquisition of MP Power Ltd.

    Business Wire
  • Heathrow overtaken by Istanbul as Europe’s busiest airport

    Transport & Infrastructure
    Commercial airplane landing at Heathrow Airport, seen from behind, with a prominent Heathrow sign below.
  • Hilton, Butlins left fuming over business rates snub 

    Hospitality
    Modern Butlins hotel building with multiple balconies, a path leading to it, and a small pond in the foreground.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook