Royal Mail

Some Czechs don’t bounce. The notion that Daniel Kretinsky will drown the posties in debt, imperilling the finances of the Royal Mail owner International Distribution Services, looks far-fetched. The billionaire has enough loot to buy, run and invest in the business without Thames Water-style antics. So the bigger question, apart …

(Bloomberg) — Daniel Kretinsky is one of Europe’s most prominent dealmakers. He built his energy business into a conglomerate that’s generating record profit. He’s invested in mining and power plants in Germany, IT and retail in France and is in the process of buying the Royal Mail in the UK. …

Union officials have met with representatives of the EP Group, which is bidding to take over the postal giant The Communication Workers Union said it was increasing its plans to engage with the Government and Labour on the takeover bid ( Image: PA Wire/PA Images) Postal workers’ leaders have raised …

Britain’s next government will need to fill a shortfall of up to £33bn in the public finances unless it is prepared to push through a fresh round of severe austerity measures, a thinktank has warned. The Resolution Foundation said the debate between Labour and the Conservatives over the funding of …

North Yorkshire Council has issued a reminder to motorists using a diversion route to avoid Stamford Bridge whilst repairs in the village continue. The council has reiterated that anyone avoiding the road closure on the A166 through the centre of the village should note that the diversion through Buttercrambe is …

Some Czechs don’t bounce. The notion that Daniel Kretinsky will drown the posties in debt, imperilling the finances of the Royal Mail owner International Distribution Services, looks far-fetched. The billionaire has enough loot to buy, run and invest in the business without Thames Water-style antics. So the bigger question, apart …

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails British firms saw a sharp decrease in takeover deals by foreign companies in the last quarter, the Office for National Statistics (ONS) said. …

Postal workers leaders have told the company bidding to take over Royal Mail that commitments it has given are not strong enough. Officials from the Communication Workers Union (CWU) met representatives of the EP Group, describing it as “useful and constructive”, adding that further meetings would take place including the …

The right-hand man of the Czech tycoon seeking to pull off the £3.6 billion takeover of Royal Mail’s parent company has met union bosses in an attempt to convince them of the merits of the deal. Roman Silha, who heads mergers and acquisitions for EP Group’s investments, sought to reassure …

Union leader calls for stronger commitments from potential buyer of Royal Mail The proposed acquisition of Royal Mail’s parent company by Czech billionaire Daniel Kretinsky’s EP Group has raised concerns among the union representing its 112,000 UK frontline workers. Communication Workers Union (CWU) general secretary Dave Ward expressed his dissatisfaction …