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

UK rail regulator approves Richard Branson firm’s application to use Temple Mills site in LondonBusiness live – latest updatesRichard 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 Virgin’s application to use the Temple Mills depot in Leyton – which is used for maintaining and storing trains. It said the move would unlock £700m of investment in new services and create 400 jobs. Continue reading...

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