Treasury aims to cash in on East Coast rail franchise
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The successful bidder for the lucrative East Coast main line rail franchise will be forced to pay up to five times more to the Treasury for the privilege of running the route, The Independent understands.
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Canadian Pacific Railway Ltd   said it planned to buy the Dakota, Minnesota & Eastern Railroad  Corp for at least $1.48 billion to expand its network and  increase its access to U.S. Midwest markets.
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The company behind Hong Kong&#39;s subway system said it has won its first overseas franchise, a 700-million-pound deal to run a London railway that will service the 2012 Olympic Games.
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Federal money will be used for a Long Island Rail Road connection to Grand Central Terminal and for a Second Avenue subway.
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Canadian Pacific Railway Ltd  said it planned to buy the Dakota, Minnesota & Eastern Railroad Corp for at least $1.48 billion to expand its network and increase its access to U.S. Midwest markets.
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Â· Company faces insolvency without Â£400m cash boostÂ· Public-private deal was driven by Treasury
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The Treasury tells MPs it will launch a review of Christmas saving clubs after the collapse of Farepak.
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Treasury chief is looking for a financial instrument to help homeowners facing foreclosure.
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Arriva Trains, First Rail, National Express and Intercity-Railways are short listed to run the East Coast rail service.
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THE North-East could see investment and employm
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The British Treasury said it would facilitate a sale of the troubled mortgage lender while trying to ensure that taxpayers will not have to pay for the bankâs rescue.
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Chancellor Alistair Darling outlines details of a funding plan that could help a private sale of Northern Rock.
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As travel season begins, the payment of back wages is an economic bellwether.
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Anglian Water-owner AWG says it has received an approach which may lead to a bid for the company.
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Banknorth Group , New England's largest independent bank, said this week it is interested in putting its name on the FleetCenter.
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Got an expensive house you want to sell but don't want to pay a bunch of tax on the profit? The Treasury Department has got a deal for you.
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A railroad deal will soon link the ex-Soviet outpost to European markets.