Government to scrutinise £5.3bn Royal Mail takeover

The new Labour government is set to look closely at the £5.3bn takeover of Royal Mail-owner International Distribution Services by Czech billionaire Daniel Kretinsky. Business secretary Jonathan Reynolds said it would be “reasonable to expect [the deal] to be called in”, as ministers had intervened when Kretinsky increased his stake …

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BT fined millions for failing to connect 999 calls

Getty Images BT has been fined £17.5m for a “catastrophic failure” of its emergency call handling service which led to thousands of 999 calls not being connected. The network fault, which lasted for more than 10 hours on 25 June last year, led to 14,000 calls to emergency services failing …

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LEGO Group rallies suppliers for net-zero ambition

The LEGO Group is calling on its suppliers to take significant steps toward reducing carbon emissions as part of its newly launched Supplier Sustainability Programme. This initiative, which aims to slash emissions by 37% by 2032 and achieve net-zero by 2050, underscores the critical role suppliers play in the company’s …

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Finance Extra for the UK and Spain « Euro Weekly News

PHASED OUT: Royal Mail will not longer use its own trains to move mail overnight Credit: CC/Roger Carvell Era ends After 194 years, Royal Mail has announced that it will no longer use its own trains to move mail overnight, with its remaining trains mothballed in October as it increasingly …

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