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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff

Virgin Trains on track to challenge Eurostar cross-Channel monopoly with access to key depot

Richard Branson on a Virgin east coast mainline train at King’s Cross station, London, in 2016.
Richard Branson hopes to run services competing with Eurostar from 2030. Photograph: Bloomberg/Getty Images

Richard Branson’s train company is a step closer to challenging Eurostar’s monopoly on transporting passengers across the Channel after the UK rail regulator approved Virgin Trains’ application to use a key depot in east London.

The Office of Rail and Road (ORR) approved the application to use the Temple Mills depot in Leyton, which is used for maintaining and storing trains. It said this would unlock £700m of investment in new services and create 400 jobs.

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