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Virgin Trains wins UK approval to launch rival cross-Channel rail service by 2030, challenging Eurostar’s monopoly.
Virgin Trains has received UK approval to use the Temple Mills depot in east London, a critical step toward launching competitive cross-Channel rail services by 2030, challenging Eurostar’s 30-year monopoly.
The company plans to run trains from London’s St Pancras to Paris, Brussels, and Amsterdam, with potential expansion into France, Germany, and Switzerland.
Virgin secured funding from Equitix and Azzurra Capital, agreed to purchase 12 Avelia Stream trains from Alstom, and was chosen by the ORR over other applicants due to stronger financial and operational plans.
The decision is expected to unlock up to £700 million in private investment, boost competition, and improve passenger choice.
Rail minister Lord Hendy welcomed the move and signaled plans for new UK depot capacity.
Virgin still needs final approvals for track access and safety before service launch.
Virgin Trains gana la aprobación del Reino Unido para lanzar un servicio ferroviario rival a través del Canal de la Mancha para el año 2030, desafiando el monopolio de Eurostar.