Eurostar passenger numbers up by 2%

Eurostar Eurostar has carried 145 million passengers since it began services in 1994

Cross-channel train operator Eurostar says passenger numbers rose by 2% in the first half of 2014 to five million from 4.9 million a year earlier.

Meanwhile, sales revenues were up by 0.5% to £456m from £453m.

But it said leisure travel demand had been hit during the second quarter of the year by "the convergence" of the UK's Easter and May holidays.

Other factors were a drop in demand for holidays in northern Europe and people staying at home to watch the World Cup.

Business passenger bookings were up by 6% on the same six months in 2013.

"Whilst a number of factors in the second quarter of the year lead to a dampening in demand, we are now beginning to see a more benign trading environment with encouraging signs of economic stability in France as well as the UK," said chief executive Nicolas Petrovic.

"These more favourable conditions have helped deliver strong growth in business travel across our markets."

Since 1994, Eurostar has carried more than 145 million passengers.

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    RBS 07:08: BBC Radio 4

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    06:42: Via Email Linda Yueh Chief business correspondent

    There are other uncertainties now for Scotland after this vote. But, for markets at least, the big uncertainty that could have lingered for a year and half over the currency and the economy is lessened and sentiment is positive as a result.

     
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  6.  
    CITY REACTION 06:27:

    The Lord Mayor of the City of London, Fiona Woolf has welcomed the outcome of the Scottish referendum. "The proposed enhanced devolution that Scotland will experience while remaining in the UK will enable its national spirit to thrive while our entwined economies and business communities prosper together," the Lord Mayor said.

     
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    YES CAMPAIGN CONCEDES 06:23: BBC Radio 4
    Scottish first minister Alex Slamond

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    ROYAL BANK OF SCOTLAND Via Email Kamal Ahmed BBC Business editor

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    POUND STRENGTHENS 06:12:

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  10.  
    SCOTLAND INVESTMENT 06:01:

    Simon Walker, director general of business group the Institute of Directors has given an interview to the BBC. He says he thinks the government will now give the green light to investment projects that had been previously held up because of the uncertainty caused by the independence referendum. He adds the ending of that uncertainty will be positive for business.

     
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  12.  
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  13.  
    BANK OF ENGLAND 05:42: BBC Radio 4

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  14.  
    POUND STRENGTHENS 05:36:
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  15.  
    05:30: Ben Morris Business Reporter

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  16.  
    05:30: Matthew West Business Reporter

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