Royal Mail warns Czech takeover risks sparking debt crunch

There are concerns that Daniel Kretinsky’s takeover will put IDS’s balance sheet under serious strain – David W Cerny/REUTERS Royal Mail has said its sale to the Czech billionaire Daniel Kretinsky risks triggering a financial squeeze, raising fresh fears about the potential threat to the postal service from his debt-fuelled …

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Skye through the lens of a Royal Mail postal worker

1 hour ago Kirsty Campbell,BBC Naidheachdan Declan Friel Declan Friel hopes to exhibit his photographs in the future A postman has been photographing the sights and scenery on his rounds in the west Highlands. Declan Friel moved to Lochalsh from Glasgow last year and works in the Elgol area of …

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Smiling Prince Andrew seen horse riding around Windsor Castle after King Charles ‘threatens to sever all ties’ with duke unless he leaves the Royal Lodge for Frogmore Cottage

A smiling Prince Andrew has been seen horse riding around Windsor Castle amidst reports King Charles had ‘threatened to sever all ties’ with him unless he leaves the Royal Lodge for his new home in Frogmore Cottage.  The disgraced duke, who no longer has official royal duties after being forced to …

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Royal Mail warns Czech takeover risks sparking debt crunch

Royal Mail has said its sale to the Czech billionaire Daniel Kretinsky risks triggering a financial squeeze, raising fresh fears about the potential threat to the postal service from his debt-fuelled takeover. Parent company International Distribution Services (IDS) has said that nearly £2.4bn of loans could be called in as …

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