By CALUM MUIRHEAD CHIEF CITY REPORTER Published: 18:48 EST, 15 December 2024 | Updated: 19:14 EST, 15 December 2024 Royal Mail’s takeover by a Czech billionaire has been approved by ministers, it was reported last night. It means that Britain’s postal service — which traces its lineage back to Henry …
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The sale of Royal Mail to Czech billionaire Daniel Křetínský has been approved by the UK government, paving the way for the formerly state-owned postal service provider to pass into …
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Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light …
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(Reuters) -The British government has approved Czech billionaire Daniel Kretinsky’s 5.3-billion-pound ($6.69 billion) takeover of Royal Mail owner International Distribution Services, the Financial Times reported on Monday. The approval is set to be announced as early as Monday morning, the report said, citing people familiar with the matter. International Distribution …
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South Korea’s opposition leader urged a top court on Sunday to swiftly formalise the impeachment of President Yoon Suk Yeol and ease the “suffering of the people” after his short-lived martial law decree. Lawmakers voted on Saturday to remove Yoon from office over his “insurrectionary” suspension of civilian rule, which …
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Royal Mail takeover by Czech billionaire approved. 4. Jamie Foxx injured in altercation at his birthday dinner. 5. Boy, 2, dies in hit-and-run crash … Source link
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King Charles III has another reason to be mad at his brother Prince Andrew. The king, 76, is reportedly “furious” that Andrew, 64, had a staffer who has been accused of being a Chinese spy, according to a source for the Daily Mail. BBC News reported Thursday that the disgraced Duke …
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Shares will provide a much-needed lift to City London on course for worst year for corporate exits since financial crisis Canal+ expected to secure value of up to £5bn when its shares begin trading By CALUM MUIRHEAD Updated: 22:07, 15 December 2024 French TV and film giant Canal+ will make …
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The Czech Sphinx’s bid for Royal Mail has been condemned as seriously undervaluing the business. Former business secretary Vince Cable has warned the Government not to wave through the sale of the Royal Mail to Czech tycoon Daniel Kretinsky, citing his links to Russia and the high amount of debt …
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Unions met with Kretinsky’s EP Group over the weekend to hammer out the additional commitments and have agreed the package in principle but need to put it through “the internal democratic process”. Royal Mail, which was split from the Post Office and privatised a decade ago, has seen its performance …
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