The decision grants Virgin access to the crucial Temple Mills train depot in east London, which is essential for running cross-Channel routes.
This move is expected to introduce greater competition, better services, and lower fares on routes from London to Paris, Brussels, and Amsterdam, with services anticipated to begin around 2030.
Sir Richard Branson stated the company aims to “shake-up the cross-Channel route” and provide consumers with more choice, with potential future expansion to Germany and Switzerland.
The ORR prioritised promoting competition, citing Virgin Trains' detailed operational plans and secured agreement for new rolling stock, a decision supported by the rail minister for improved connectivity and value.