London’s famous Boris Bike cycle-hire scheme could soon be switching from Barclays blue to Coca-Cola or Santander red after the soft drink and banking giants emerged as the sole contenders for a £40m sponsorship contract. The pair had been shortlisted alongside British car brand Jaguar Land Rover, which later pulled out of the race, leaving its red-liveried rivals to duke it out for the prize. An announcement on the winner is expected to be made later this month, ending Barclays’ five-year association with the project.