Virgin Group is looking to deliver some tough competition to Eurostar with its latest rail project — and it could see us getting an alternative cross-Channel option in just a few years’ time. Sir Richard Branson recently announced plans to raise £700million to fund a new train service connecting UK passengers with Paris,

Richard Branson 's Virgin Group is aiming to challenge Eurostar 's dominance with a £700 million fundraising effort to launch its own cross-channel rail service. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

Virgin Group wants to launch the new service by the end of the decade, initially running trains from London to Paris and Brussels.View on euronews

Virgin Group Seeks 700M to Challenge Eurostar with Cross-Channel Rail Service Virgin Group, led by British billionaire Richard Branson, is aiming to raise 700 million ($900 million) to launch a high-speed rail

Virgin Group intends to raise 300 million pounds in equity and 400 million pounds in debt and plans to be a cornerstone equity investor in the project

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