Eurostar growth makes a nonsense of Government sell off

Eurostar growth makes a nonsense of Government sell off

17 July 2014

RMT Press Office

RMT says continuing Eurostar growth makes a nonsense of Government sell off

RMT acting general secretary Mick Cash said

"The Eurostar figures show continuing growth with the prospect of increasing demand and profitability well into the future and make a nonsense of this Governments plans to sell off Britain's 40% stake in the operation.

"RMT revealed this week that at the European Works Council our reps were told that the French state have a veto over any British sell off and can effectively demand first refusal at a price that suits them. They think we are mad to be even thinking about selling off such a strategic and profitable asset."

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Tagged with: Eurostar, profit, Sell off