High Speed 1

Ownership and operation

By May 2009, LCR had become insolvent, and the government received an agreement to use state aid to purchase the line and to open it up to competition to allow other services to use it apart from Eurostar. LCR's wholly owned subsidiary, HS1 Ltd, thus became the property of the Secretary of State for Transport. On 12 October 2009 a proposal was announced to sell £16 billion of state assets including HS1 Ltd in the following two years to cut UK public debt.

Ashford International

HS1 Ltd. (London St. Pancras Highspeed) also operates the Singlewell Infrastructure Maintenance Depot.

High Speed 1

High Speed 1 (HS1), officially the Channel Tunnel Rail Link (CTRL), is a 109.9-kilometre (68.3-mile) high-speed railway linking London with the Channel Tunnel.

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