Labour’s greatest business betrayal has been accomplished without words of public dissent. Assured by undertakings from Czech sphinx Daniel Kretinsky, 80 per cent of shareholders voted in favour of his EP Group’s £3.6billion purchase of Royal Mail owner International Distribution Services (IDS). Sell-out merchant Keith Williams, IDS chairman, hailed the …

Shareholders in Royal Mail owner back takeover by tycoon Daniel Kretinsky – but questions are being asked about what the future holds for the famous firm and its 125,000 workers Postal workers and customers must now wait and see what the future for Royal Mail will be now it looks …

A Maida Vale school has been evacuated after part of its roof went up in flames this afternoon (Wednesday, April 30). Firefighters rushed to Queen Elizabeth II Jubilee School on Kennet Road shortly after 1pm to reports of the incident. London Fire Brigade confirmed one woman was treated at the …

Faarea Masud & Joe Tidy Business reporter & Cyber correspondent BBC The food shelves in the Marble Arch M&S in central London were missing some products Some Marks & Spencer (M&S) stores have been left with empty food shelves as the retailer continues to struggle with a cyber attack affecting …

By Nathan Vifflin (Reuters) -Austria’s ams OSRAM is planning to sell part of its business in order to reduce its debt, it said on Wednesday after reporting first-quarter core earnings ahead of market expectations. The Switzerland-listed shares leapt 13% by 0908 GMT, leading gains on the Swiss mid-cap index. Aldo …

The King has poignantly reflected on his experience of cancer, saying it had brought into “sharp focus the very best of humanity” and telling cancer charities: “You have my whole family’s deepest admiration and gratitude.” Charles described how diagnosis is “daunting and at times frightening”, in a deeply personal, written …

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The sale of Royal Mail’s parent company to a Czech billionaire has been cleared by shareholders. The approval of the £3.6bn deal, first proposed a year ago, will see the 500-year institution taken over by Daniel Kretinsky’s EP Group. Just over 80% of the shareholders of International Distribution Services (IDS), …

4. Royal Mail takeover signed and sealed by shareholders. The postal operator will pass into private hands for the first time in its 500-year old … Source link

Postal service Royal Mail has tasked marketing agency SocialChain with delivering a social-first strategy for the brand. The agency ran an audit … Source link