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Eurotunnel is considering a  bid for the UK's high-speed rail line after completing a restructuring that has restored the company to financial health.

Making an offer for the rail link between London St Pancras and the Channel Tunnel is a natural move for Eurotunnel, who already counts Eurostar as a client.

Chairman Jacques Gounon said he could now devote more time to growing the business, including a bid for the high-speed line when it is put up for sale by government-backed London and Continental Railways.

"Eurotunnel now has a strong balance sheet. We will certainly consider the high-speed line," said Mr Gounon.

"We are the only operator that can generate synergies because we have the same customer, Eurostar."