Virgin Trains will be able to launch rail services through the Channel Tunnel after the UK’s rail regulator approved its application to share a depot with Eurostar.
The decision by the Office of Rail and Road (ORR) means Eurostar’s monopoly on passenger services is set to be broken for the first time since the tunnel opened in 1994.
Temple Mills railway storehouse in east London is the only depot in the UK able to accommodate the larger trains used in continental Europe and which is already linked to the cross-Channel line.
The ORR had said the depot had enough space to either house an expanded Eurostar fleet or accommodate a rival company’s trains – but not both.
Martin Jones from the ORR said: “With this decision we are backing customer choice and competition in international rail, unlocking up to £700mn in private sector investment and stimulating growth.
“While there is still some way to go before the first new services can run, we stand ready to work with Virgin Trains as their plans develop.”
Sir Richard Branson, founder of the Virgin Group, said: “The ORR’s decision is the right one for consumers – it’s time to end this 30-year monopoly and bring some Virgin magic to the cross-Channel route.”
Several firms had wanted to start operating services between London and mainland Europe, including Spanish start-up Evolyn, Richard Branson’s Virgin and a partnership between Gemini Trains and Uber.
The ORR only approved Virgin’s application on Thursday and rejected applications from Evolyn, Gemini and Trenitalia.
Virgin said it planned to launch rail services from London St Pancras to Europe from 2030.
This will include services to Paris Gare du Nord, Brussels-Midi and Amsterdam Centraal, with future plans to expand further across France, and into Germany and Switzerland.
