Financial Times FT.com

National Express faces Eurostar bill

By Adam Jones

Published: November 12 2009 23:11 | Last updated: November 12 2009 23:11

National Express could be saddled with a bill of up to £32m ($53m) to cover losses made by Eurostar, the cross-Channel rail service.

The indebted transport group, which gives up its lossmaking East Coast rail franchise on Friday night, is the leading shareholder in a consortium that manages the UK end of Eurostar.

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