Talks are still taking place between the council and Royal Mail over farmland in Patcham that could be turned into a distribution depot. But Brighton and Hove City Council said that the talks were commercially sensitive and would not say how much the Roya Mail might pay for a long …
Read More »Britain will pay a heavy price for Hunt’s Royal Mail blunder, says ALEX BRUMMER
By Alex Brummer for the Daily Mail Updated: 17:01 EDT, 30 May 2024 Jeremy Hunt is having a good election campaign in difficult polling circumstances. He has forced Shadow Chancellor Rachel Reeves on to the back foot on VAT. His approach, however, to the impending disposal of the Royal Mail …
Read More »Tories to keep close eye on Kretinsky over pledge to protect Royal Mail
By John-Paul Ford Rojas Updated: 17:00 EDT, 30 May 2024 Chancellor Jeremy Hunt has piled pressure on ‘Czech Sphinx’ Daniel Kretinsky after his £3.6billion bid for Royal Mail sparked fears over the future of the 508-year-old postal operator. Hunt said regulators should look ‘very carefully’ at five-year undertakings made by …
Read More »How to register a new postal address with Royal Mail
There are over 30 million UK postal addresses registered on the Royal Mail’s Postal Address File with new locations being added to the database all of the time. When you change address, it’s “absolutely essential” that you have the correct address and postcode, a spokesperson for the Royal Mail advises. The …
Read More »‘Royal Mail’s new Czech owner must not cut jobs or services after takeover’ – Voice of the Mirror
“Royal Mail is being sold to Czech tycoon Daniel Kretinsky for £3.5billion – but the new owner must not be allowed to cut the workforce and services of our once-great national institution” Royal Mail has become a shadow of its former self Czech has to deliver There was a time …
Read More »Kretinsky Says Royal Mail Needs Funds to Avoid ‘Deadly Spiral’
(Bloomberg) — Czech billionaire Daniel Kretinsky, who plans to purchase the company that owns UK’s Royal Mail, says the British postal service needs new investment to be competitive. Most Read from Bloomberg Kretinsky currently owns 27.6% of International Distribution Services Plc. If his offer for the rest of the company …
Read More »Hunt vows to ‘protect what people want from Royal Mail’ in £3.6bn takeover
Mr Kretinsky, who is already the largest shareholder in Royal Mail through his company EP Group, has pledged not to split the group’s lucrative parcels business, GLS, from its struggling letters business. Under terms set out in his offer, this undertaking would be valid for three years after the deal …
Read More »The City is underpricing how likely a Kretinsky-owned Royal Mail is
Thursday 30 May 2024 9:00 am Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email British post for British doors, then, even if it arrives three days late? That certainly seems to be the Square Mile’s assumption, with …
Read More »Disgust as ‘Czech Sphinx’ billionaire named in Panama Papers buys Royal Mail
Exclusive: The Communication Workers Union has slammed the £5billion sale of Royal Mail to ‘Czech Sphinx’ billionaire Daniel Kretinsky, with demands for 150,000 jobs to be secured Royal Mail’s parent company has agreed a £5billion takeover by businessman Daniel Kretinsky ( Image: PA) A union boss slammed Royal Mail for …
Read More »Royal Mail Bidder Backs 'Third Way' Pension Overhaul – Law360
The conglomerate controlled by Czech billionaire Daniel Křetínský that bid £3.57 billion ($4.54 billion) for Britain's national postal service has … Source link
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