Global Economic Forecast

The following report is written by staff at the EIU and is carried in its entirety by That's Business for the benefit of our readers:- 

The Economist Intelligence Unit has reduced its 2012 GDP forecast for the euro zone. We now expect the economy to contract by 0.3% compared with our previous forecast of growth of 0.8%. The debt crisis in the euro zone periphery shows little sign of prompt

Eurostar reports continued strong growth

Eurostar, the high speed passenger rail service between the UK and mainland Europe, has reported continued strong growth in the first half of 2011. Overall sales revenues increased by 4% from £404 million to £421 million and passenger numbers went up by 3% from 4.6 million to 4.7 million.

This year-on-year growth is particularly strong given that in the first half of 2010 Eurostar benefited from

Eurostar to boost service levels

Eurostar will be changing its branding and introducing new service enhancements for its travellers, with Eurostar wishing to reflect its plans and ambitions for the business in the future.
Over the last few years Eurostar has seen a big increase in the number of passengers choosing to connect through Lille, Brussels and Paris Gare du Nord to other destinations. This has been driven