[ad_1] About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a…

[ad_1] The General Secretary of the Communication Workers Union has said the government should be stepping in and making demands about the future of Royal Mail. Dave Ward said it was wrong that the board members could potentially make a lot of money out of the sale of Royal Mail to a foreign investor, which…

[ad_1] The West Ham director made a formal submission of £3.57bn to International Distribution Services (IDS), which implies an enterprise value of around £5.3bn. This is an improvement on an earlier £3.1bn offer that IDS said significantly undervalued Royal Mail. If the deal is approved it means Křetínský’s EP Group would pay 370p per share…

[ad_1] Jeremy Hunt has called on regulators to closely examine guarantees given by a Czech billionaire behind a £3.6bn takeover of Royal Mail amid concerns the letter and parcel service could be taken apart soon after the undertakings expire. The legally binding guarantees include maintaining the the one-price-goes-anywhere Universal Service Obligation which sees mail delivered…

[ad_1] 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 lease. The council entered…