EUROPE: Eurotunnel Chairman & Chief Executive Jacques Gounon has revealed that the company is 'looking carefully' at submitting a bid for High Speed 1 when the UK government puts it on the market following the break-up of London & Continental Railways.

Eurotunnel believes it will be in a strong position to bid for the high speed line between London and the Channel Tunnel because 'we have a lot of infrastructure management experience'. Rail Business Intelligence was told that one of Eurotunnel's priorities is to secure access for wagons built to continental loading gauges at least as far as London, because 'we really want to see more international freight'.