In a strategic move, billionaire Daniel Kretinsky sets his sights on Britain’s Royal Mail through International Distributions Services Plc (IDS). With 28% ownership already secured, his proposed £3.5 billion bid reflects a 73% premium, exploiting market uncertainty. Despite board approval, resistance wanes amid regulatory ambiguity. Kretinsky’s bold play hinges on …

21 May 2024, 19:08 | Updated: 21 May 2024, 19:46 Matthew Trickett, 37, who was on bail after appearing in court accused of assisting the Hong Kong intelligence service. Picture: Social media A former Royal Marine who was charged with spying for China on Hong Kong activists has been found …

The Royal Mail has announced a new milestone for methods to cut emissions rates among its fleet of vehicles using a major new fuel. Royal Mail has used a diesel susbstitute to help slash its emissions rates by the equivalent of 30,000 tonnes of harmful carbon dioxide. The company has …

French post office La Poste has introduced a stamp designed by Stéphane Humbert-Basset that gives off the scent of bread when scratched to celebrate the baguette. The stamp has a “bakery scent”, which was achieved through the use of microcapsules that are embedded within the ink of the stamps to provide …

Stay informed with free updates Simply sign up to the Companies myFT Digest — delivered directly to your inbox. Stuart Chambers stands on the brink of an unusual feat in the UK corporate world — presiding over the sale of three big London-listed companies to a foreign buyer. He was …

Everyone with a phone is being warned about a scam message claiming to be from Royal Mail. Security experts fear many people may fall for the trick, especially if they are expecting to be contacted by Royal Mail. Households have been told about signs to watch out for meaning a …

Some 50,000 postal workers at Canada Post are currently working without a contract. Around 42,000 members of the urban postal operators (UPO) bargaining unit and 8,000 rural and suburban mail carriers (RSMC) are being blocked from waging a genuine struggle against Canada Post’s sweeping concessions demands by the Canadian Union …

The distinguished business career of ordained priest Paula Vennells crumbled following the Post Office Horizon scandal. ITV drama, Mr Bates vs The Post Office, ensured a spotlight was firmly placed on the 65-year-old, who was in charge of the Post Office during one of the biggest miscarriages of justice in …

ROYAL MAIL today ramped up its cost cutting plans and said prices would have to rise, potentially setting itself on a collision course with already fractious staff and with the City. Critics say its performance during lockdown was “a mirage” and that management won’t be able to reinvent the business …

Camilla said “I watched the first lot” during her visit to a garden based on the Penelope Featherington character from the hit Netflix Regency-era show. The royal couple were accompanied by the Duke and Duchess of Gloucester as they visited the world-famous Royal Horticultural Society (RHS) Chelsea Flower Show on …