Global EditionASIA 中文双语Français
China Daily / 2025-03 / 12 / Page012

Virgin eyes train routes from UK to EU capitals

By JULIAN SHEA in London | China Daily | Updated: 2025-03-12 00:00
Share
Share - WeChat

Businessman Richard Branson's Virgin Group is seeking to raise 700 million pounds ($905 million) in a bid to launch a rival train service to current monopoly holder Eurostar on routes between the United Kingdom and mainland Europe.

The Virgin Group began in the music industry but has grown to include finance, airlines, and the running of intercity train services across the UK. It is understood that it would initially want to run rival services to those of Eurostar — from London to Paris and Brussels by the end of the decade, adding Amsterdam at a later date.

"The cross-Channel route is ripe for change and would benefit from competition," said a Virgin Group representative. "While Virgin is not committing to launching a service just yet, we are seeking investment from like-minded partners to invest alongside Virgin and we are delighted with the progress made so far."

Report cites rights progress in Tibet

Most Viewed

Top
BACK TO THE TOP
English
Copyright 1995 - 2025. All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US