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Oct 31 (Reuters) – Britain is no longer intervening in Czech billionaire Daniel Kretinsky’s plan to increase his stake in Royal Mail parent International Distributions Services (IDSI.L), sending the company’s shares up more than 7% on Monday. In August, Royal Mail said it had been notified by then business minister …

Government clears Czech billionaire’s plan to increase his 22% stake in Royal Mail after national security probe Daniel Kretinsky looks set to be allowed to up his stake in Royal Mail In August, the Government said it would launch a national security probe  Today, International Distributions Services – the new …

The government looks to be prepared to allow Daniel Kretinsky, the secretive Czech billionaire, to increase his stake in the owner of Royal Mail. In August Kwasi Kwarteng, then business secretary, told Kretinsky not increase his stake in International Distributions Services (IDS), using powers under the National Security and Investment …

The postal strikes set to involve more than 115,000 workers over the next fortnight have been postponed after Royal Mail served the workers’ union with a legal letter. Royal Mail’s legal department wrote to the Communication Workers Union (CWU) drawing attention to issues with the formal notification of planned rolling …

Strikes planned by Royal Mail workers over the next two weeks have been called off following a legal challenge by the company. But the union said that following a letter from Royal Mail’s legal team, it had decided to withdraw industrial action notices over the next two weeks, but added …

(Bloomberg) — Businesses will be looking closely this week for some of the uncertainty that has plagued the last few weeks to be cleared up. On Thursday, the Bank of England may deliver its biggest interest-rate hike in more than 30 years, impacting lending rates, while more information may emerge on the trajectory …

Planned strikes by Royal Mail workers in the next two weeks have been called off following a challenge by the company. Members of the Communication Workers Union (CWU) are involved in a long running dispute over pay and conditions. A series of strikes have taken place in recent weeks and …

PLANNED strikes by postal workers in the next two weeks have been called off following a legal challenge.Royal Mail lawyers have written to the … Source link

Planned strikes by Royal Mail workers over the next two weeks have been called off following an apparent legal challenge by the company. The Communications Workers Union (CWU) said on Sunday it had withdrawn walkouts due on 2nd, 3rd, 4th, 8th, 9th and 10th of November. They had been due …