London and Continental Railways is in the public sector

Office of National Statistics grounds (25 pages, PDF) to re-classify London and Continental Railways (the owner of the Channel Tunnel Rail Link and the UK element of the Eurostar service) as a public sector company for the purpose of the national accounts and the public finances, with retrospective effect from 1999.

See also the press notice (4 pages, PDF).

For further information or advice please contact Franck Latrémolière.

Filed under ONS, Public transport.

Reckon LLP is an economics consultancy with expertise in data analysis, economic regulation and competition law.

About Reckon