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Labour will regret selling Royal Mail

It will maintain the single price ‘universal service obligation’. The government will keep its ‘golden share’. And there are ‘legally binding obligations’ to protect the company. The Labour government may feel it has negotiated enough concessions out of the Czech billionaire Daniel Kretinsky to allow his £3.6 billion takeover of …

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UK govt okays $4.6-billion takeover of Royal Mail by Czech billionaire

News World Paves way for foreign ownership for the first time in its 500-year history Array ( [galleryId] => 85391f276dc9262cc63ef4d70c26bf2c38edf5b062f8a4ef [thumbImage] => https://media.ahmedabadmirror.com/am/uploads/mediaGallery/image/1734382990924.jpg-thmb [largeImage] => https://media.ahmedabadmirror.com/am/uploads/mediaGallery/image/1734382990924.jpg-sldr [fullImage] => https://media.ahmedabadmirror.com/am/uploads/mediaGallery/image/1734382990924.jpg-org [videoObj] => => Royal Mail by Czech billionaire [altText] => Royal Mail by Czech billionaire [description] => Royal Mail by Czech …

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Unions should battle on after Royal Mail sell-off

Trade Unions The postal workers’ CWU union is positive about the deal, insisting that it has significant protection against asset stripping By Yuri Prasad Downloading PDF. Please wait… Tuesday 17 December 2024 Issue 2936 The union leaders have wasted workers’ anger (Picture: Guy Smallman) The government has given billionaire Daniel …

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Everything wrong with Labour’s Royal Mail takeover deal

This week, Jonathan Reynolds, the Labour Trade Minister, who has perfected the art of turning his beard into an apology for his lack of charisma or ideas, approved the takeover of Royal Mail by Czech billionaire Daniel Křetínský’s (below) EP Group of companies. As political transformations go, that’s a pretty big …

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Royal Mail issues ‘cut off’ warning to UK households

It’s time to mark your calendars as Royal Mail has rolled out its “cut off” dates for Christmas deliveries, impacting UK households amid rising postal costs. In a recent notice, the mail service emphasised: “Allow plenty of time for posting. Please post items and gifts for Christmas early, particularly for …

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