London Underground, meanwhile, has hired Lazards, a merchant bank, to advise it on how to fight its corner.
ECONOMIST: London Underground
2.
The report submitted by Lazards to London Underground's board strongly criticises Price Waterhouse's various proposals for splitting operations and track as over-complex and risky.
ECONOMIST: London Underground
3.
Writing in the Sunday Telegraph, the former chairman of Lazards Investment Bank, Ken Costa, said the finance industry had lost sight of the need to do good as well as make money.
BBC: Ed Miliband warns of St Paul's protest 'danger signals'