Chunnel vision
Article Abstract:
Plans to build a high speed train service from London is facing funding troubles because of the Channel Tunnel Act, which mandates that no public funds can be spent unless it would reduce street traffic. The government hopes a private sector investor will cover a large percentage of the costs.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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The Jubilee crime
Article Abstract:
Plans to extend London Underground's Jubilee transit line were dashed when Olympia and York, who was to be a major contributor, went broke. The government is trying to find another investor for Jubilee, which is vital to the future of Docklands, a huge urban development project.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Chunnel, chunnel, toil and trouble: Eurotunnel
Article Abstract:
The daily interest alone on Eurotunnel's massive debt is two million pounds sterling. The English Channel Tunnel, however is expected to begin service at the end of 1992. The delay of its own shuttle service will add another 360 pounds sterling to the company's debt.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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