Eurotunnel cheered by revenue lift

Channel Tunnel operator Eurotunnel set aside its debt worries to report a 2% rise in revenues for the first six months of the year today.

The group said there had been a “marked improvement” in its performance, but warned that this could be undermined by the possible negative impact on supplier demands and customer reservations following the failure of certain creditors and the company to agree on a plan to tackle its £6.2bn (€9.06bn) debt mountain.