Royal Mail

Leading shareholders in Royal Mail’s parent company have criticised Czech billionaire Daniel Křetínský’s £4.5bn approach, with one large investor calling his initial offer an “absolute joke”. International Distributions Services said on Wednesday that it had recently rejected an approach from Křetínský’s investment group that valued the former British postal monopoly …

Richard Horne will take up the position in the autumn, joining from PwC. Richard Horne has been announced as the next Chief Executive Officer of the UK’s National Cyber Security Centre (NCSC). Horne joins the NCSC from PwC UK, where he currently chairs the Cyber Security Practice, and will take …

Investors and Analysts Delve into Royal Mail’s Outlook Amidst Market Flux In the dynamic realm of the UK stock market, all eyes are on Royal Mail, operating under the banner of International Distributions Services PLC (LON:), as of 2024. With heightened interest from investors and analysts, the performance and future …

The European conglomerate EP Corporate Group, led by Křetínský, submitted its proposal last week, seeking to purchase all of the company’s outstanding shares not already owned by EP or its affiliate group Vesa Equity at 320p per share for International Distribution Services (IDS). But IDS said it had turned down …

Patent worries persist Shareholder discontent at AGM When AstraZeneca (AZN) announced a dividend hike ahead of a potentially fractious AGM last week, it was bound to be viewed as a sweetener for investors who’ve gone sour on the stock. Although its shares have now recovered after lurching downward in the …

By Charlotte Goldstone 19/04/2024 UK Royal Mail holding company IDS has rejected an “opportunistic” takeover offer by Czech billionaire investor Daniel Křetínský.   Mr Křetínský’s company, EP Group, this month submitted a “non-binding indicative proposal” for the holding company of the Royal Mail and General Logistics Systems (GLS) of 32 pence …

Meghan Markle is ‘strategic’ when it comes to picking her friendships, royal expert Charlotte Griffiths has told on Palace Confidential.  Speaking on the Mail+’s weekly talk show, the Editor at Large for the Mail on Sunday said the Montecito-based Duchess of Sussex, 42, doesn’t have many friends. As Meghan sends the …

Royal Mail offers a variety of postal options whether you’re sending a letter or parcel in the UK or abroad so you can send gifts to loved ones who are distant or perhaps return some online shopping to a company outside of the UK. Here are the options available for …

Residents of Chipping Campden first raised the issue over 18 months ago and the problem has yet to be resolved.  The cesspit is in front of the Royal Mail sorting office and continues to leak onto the busy public highway, despite the company acknowledging the situation.  Cotswold District councillor, Tom Stowe …

Labour may see a split as an opportunity to renationalise the Royal Mail, convinced that the state would make a better fist of reviving it. But shorn of the cross-subsidies that a highly profitable parcels operation provides, mounting losses from letter deliveries risk being immediately thrust onto the taxpayer. It’s …