[Getty Images] Daniel Křetínský is set to become the new owner of Royal Mail after the sale of its parent firm was approved by the government. The Czech entrepreneur has been described as a “quiet sphinx” for his inscrutable style. So who is the low-key billionaire and what could new …
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December is undoubtedly Royal Mail’s busiest month, with households nationwide sending national and international post ahead of Christmas. Day-to-day services remain in operation for everyday posts delivered by Royal Mail, though sometimes this can be disrupted. While the postal service says delivery and collection services will occur across the UK …
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… Royal Mail. In 2023 Royal Mail was even stripped of its monopoly on delivering parcels from Post Office sites. Last year Royal Mail's parent … Source link
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Business secretary Jonathan Reynolds said it had received legally binding commitments from the bidder, known as the Czech Sphinx, and his EP Group that were intended to secure the long-term future of the postal service. “For too many years progress on securing a stable future at Royal Mail has stalled, …
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The Royal Mail has issued a warning to UK households living in 46 postcodes over Christmas parcels and deliveries. While the postal service says delivery and collection services will occur across the UK today, Tuesday, December 17, the road network and mail centres have experienced some disruption. In an update …
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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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Minister says deal worth £3.5bn will provide a secure future for service Czech billionaire Daniel Kretinsky has been cleared to buy Royal Mail (Rui Vieira/PA) Paul Sandle and Chandini Monnappa Today at 03:30 The British government has cleared Czech billionaire Daniel Kretinsky’s EP Group to buy Royal Mail in a …
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The Government has approved the £3.6bn takeover of Royal Mail by Czech billionaire Daniel Kretinsky’s EP Group after securing “legally binding” commitments. The deal includes conditions to protect the postal service’s operations and workers’ interests in the UK. The takeover was scrutinised under national security laws due to Royal Mail’s …
Read More »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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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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