Channel Tunnel The project was abandoned in May 1882, owing to British political and press campaigns asserting that a tunnel would compromise Britain's national defences. These early works were encountered more than a century later during the TML project. A 1907 film, "Tunnelling the English Channel" by pioneer filmmaker Georges Méliès, depicts King Edward VII and President Armand Fallières dreaming of building a tunnel under the English Channel. In 1919, during the Paris Peace Conference, the British prime minister, David Lloyd George, repeatedly brought up the idea of a Channel tunnel as a way of reassuring France about British willingness to defend
Channel Tunnel build the tunnel, but financing was through a separate legal entity, Eurotunnel. Eurotunnel absorbed CTG/F-M and signed a construction contract with TML, but the British and French governments controlled final engineering and safety decisions, now in the hands of the Channel Tunnel Safety Authority. The British and French governments gave Eurotunnel a 55-year operating concession (from 1987; extended by 10 years to 65 years in 1993) to repay loans and pay dividends. A Railway Usage Agreement was signed between Eurotunnel, British Rail and SNCF guaranteeing future revenue in exchange for the railways obtaining half of the tunnel's capacity. Private funding