PwC has teamed up with UBS Warburg, while KPMG and the Royal Bank of Scotland have joined Merrill Lynch’s team. Goldman Sachs is bidding on its own.
The three banks put forward their bids last week to a select group of Treasury and Transport department officials.
The winning bidder of the new company to replace Railtrack is expected to be announced this week.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements