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Virgin Group seeks entry into Channel Tunnel rail market

Virgin Group has initiated the regulatory process to operate rail services through the Channel Tunnel. The company aims to run up to 20 daily return journeys between the UK and mainland Europe. The proposal requires significant additional approvals to operate on overseas tracks beyond the UK network. Currently, Eurostar holds a monopoly on high-speed passenger rail services through the tunnel. Virgin must navigate complex cross-border regulatory frameworks to secure the necessary access rights. Monitor further regulatory filings and potential responses from existing rail operators regarding track access.

Source: BBC Business

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