Royal Mail

Proactive Investors – Royal Mail (LON:) bidder Daniel Kretinsky has urged over 100,000 former and current employees of the postal service to sell him their shares as he looks to have his offer approved. Kretinsky’s investment group, which made a 370p-a-share offer for Royal Mail’s parent company International Distributions Services …

LGIM to sell Glencore stake on concern over thermal coal plans Investment management giant Legal & General is divesting from Glencore due to concerns over its coal production. LGIM warns this morning that it believes companies need to do more to play their part in efforts to mitigate climate change …

The Czech billionaire bidding to buy Royal Mail has sent letters to more than 100,000 shareholders, including current and former staff, setting out its formal £3.75bn offer for the business. Daniel Křetínský’s EP Group is asking Royal Mail staff, who own more than 5% of the shares in the company, …

Follow the SEP’s campaign at socialism2024.org.uk Attend our London election rally on June 30. The Socialist Equality Party’s (SEP) campaign for Tom Scripps in the London constituency of Holborn and St Pancras is challenging Labour Party leader Sir Keir Starmer, the incumbent MP, on a socialist and anti-war platform. Teams on Camden …

The list of banned outlets includes France’s AFP, German outlets Der Spiegel and FAZ, and Italian public broadcaster Rai. The Kremlin has blocked access inside Russia to 81 European news outlets in retaliation to the EU’s ban against four state-funded media, the country’s Foreign Ministry announced Tuesday. The list includes …

Princess Anne’s husband issued a health update today as the royal remains in hospital with head injuries. The Princess Royal, 73, is currently undergoing treatment in hospital after suffering a concussion from a horse-related injury. Princess Anne is “doing fine” according to her husband Sir Timothy Laurence, who confirmed her …

All voters will need to show photographic ID to vote in person at the Parliamentary General Election on 4 July.   Accepted forms of ID include a UK, European Economic Area (EEA) or Commonwealth passport; a UK, EEA or Commonwealth photo drivers’ licence; and some concessionary travel passes, such as an …

One of the architects of the Post Office Horizon accounting system has admitted there were “discreet” bugs but it generally “worked well”, dismissing suggestions he had knowledge of widespread flaws. The public inquiry into the IT scandal also heard Gareth Jenkins, who was a lead engineer at Horizon supplier Fujitsu, …

Advisers working on the controversial takeover of Royal Mail’s parent company are in line for a fee bonanza worth more than £130m. Sky News has learnt that International Distribution Services (IDS) and its would-be owner, a vehicle owned by Czech billionaire Daniel Kretinsky, will fork out the lavish sum to …

EU Charges Microsoft with Anti-Competitive Practices Over Teams Bundling On Tuesday, Brussels accused Microsoft Corp (NASDAQ:MSFT) of engaging in anti-competitive behavior by bundling its Teams app with its Office suite. The EU’s charge sheet alleges that this bundling gives Teams an undue advantage, harming competitors such as Atlassian Corp’s (NASDAQ:TEAM) …