Not so as the shrinking cross country network shows. Remember through services to Brighton and various other places being withdrawn a few years ago so as to release more stock for the core route or what about the withdrawl of Virgin services from Blackpool or most recently the removal of most East Coast services to Glasgow to free up more trains for ECML services.
Why would any sane person take the train from Glasgow to France when they can jump on a low cost airline flight for a 10th of the cost of a train ticket and get there hours earlier. The same goes for Manchester and to a lesser extent Liverpool.Low cost airlines have ensured that for business travel (and outside of comuting, thats where the money is made in the rail industry) beyond the 3-4hour golden window rail cannot compete with air.
Wrong!
Think of a car, OK so two people might buy the same car but unless they are doing exactly the same millage each year, drive on the same roads, in the same weather, go to the same garage for servicing, etc the running costs will be very different. Its the same with trains, for example Javlins run at a lower top speed (less aerodynamic drag so less energy consumption - don't forget train companies still have to pay for the electricity based on how much they expect to use), are lighter than channel tunnel complient trains (less kit to lug around, lower fire prevention standards etc)so their overall runing costs are less.
As even the Government's own report says, regular daily through services will not become comercially viable (remember Eurostar unlike domestic franchised opperators does not get any government subsidy) untill HS2 reaches Manchester / Leeds and even then that still depends on what happens to the avation industry.