Chunnel

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Chunnel

A slang term for the euro-British pound exchange rate. The term derives from the name of the underground tunnel connecting Britain with continental Europe.
References in periodicals archive ?
Other bidders include Channel tunnel operator Groupe Eurotunnel which is working on a bid with Goldman Sachs Infrastructure Partners, its biggest shareholder, and with Infracapital, the infrastructure arm of Prudential unit M&G, another big shareholder.
Two years later the Channel Tunnel Study Group was formed and in 1960 proposed a twin-bore rail tunnel with a service tunnel.
A digital wireless communications network is to be provided, along with support services for the Channel Tunnel Rail Link between London and Folkestone in the UK, by Nortel (NYSE:NT), a communications company.
Around 1000 tonnes of pipes have been galvanized for Phase 2 of the Channel Tunnel rail link, which incorporates a 16-mile tunnel from St Pancras Station in Central London to the Thurrock and Dartford areas on the edge of the city where the new line will link up with the existing rail line to the Channel Tunnel itself.
That deal was aiming at stopping a flow of immigrants through the Channel Tunnel from Sangatte,' he said.
The new camp is reportedly going to be built at Dunkerque, 20 miles from the Channel Tunnel terminal at Coquelles.
The Red Cross site at Sangatte, half a mile from the Channel Tunnel entrance and a mile from ferry ports, is seen as a base for immigrants trying to enter Britain illegally.
This month in 1969 Impact of a Channel tunnel on Britain and Europe by M.
Final aims included the provision of recommendations on practices and procedures to be adopted in police communications in the Channel Tunnel and the production of an English-French lexicon of police language.
Channel Tunnel Companies were formed and stood ready to dig; some of them even started.
THE OPENING OF THE CHANNEL TUNNEL HAS BEEN postponed from June 15, 1993, until late summer.