The owner of Royal Mail has unequivocally accepted a £3.57 billion ($4.6 billion) takeover bid from Czech billionaire Daniel Křetínský, solidifying the sale of one of Britain’s oldest and most iconic institutions. International Distribution Services (IDS), which owns the loss-making postal service, has firmly accepted a £3.70-per-share ($4.69) takeover offer …
Read More »Scandal-hit Horizon system may ‘operate in Post Office branches for another five years’
1 June 2024, 07:47 The Horizon system is reportedly expected to run in the Post Office for another five years. Picture: Alamy The Post Office has allegedly penned a £180 million deal to keep operating with Fujitsu’s scandal-hit Horizon system for another five years. More than 900 were wrongly prosecuted …
Read More »Ticketmaster cyber attack confirmed by parent company
Ticketmaster has been the subject of a cyber attack, with hackers allegedly offering to sell customer data on the dark web, its parent company Live Nation confirmed. The ShinyHunters hacking group is reportedly demanding around £400,000 in a ransom payment to prevent the data being sold. The group gained access …
Read More »I’m not crazy. We can make Royal Mail work again
Daniel Kretinsky’s £3.6 billion takeover bid for the deeply troubled Royal Mail has been the talk of the City for the past few weeks. And there’s one question that people keep asking: “Is this guy crazy?” So I asked him. “Ha, very good one,” he responded. “I firmly hope not.” …
Read More »Ooty Season: Royal Mail takeover by Czech billionaire Daniel Kretinsky | Kolkata News
Kolkata: J. Sebastain-nursed Something Royal is tipped to lift the Nilgiris Gold Cup on the concluding of the Ooty Season on Sunday. The daughter of Sheryl will be piloted by P. Sai Kumar.Ooty Selections10.30am: 1. Gandolfini 2. Grace 3. Sian.11am: 1. Stolen Glance 2. Despacito 3. Lebua.11.30am: 1. Forest Fragrance …
Read More »Royal Mint rare coins as 10p coins sell for £70 on eBay
The coins are a completed set of the Royal Mint’s Great British Coin Hunt. The specially designed Royal Mint collector album was originally released in 2019, and was available to purchase directly for £9.90. However, with the collection no longer available from the Royal Mint, they have become much sought …
Read More »The stark reality of the London Stock Exchange’s exodus
Saturday 01 June 2024 6:00 am Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email 2024 has been a difficult year for the London Stock Exchange (LSE). So far 2024 has not – it is safe to say …
Read More »Work on Salisbury Station revamp to commence next week
The disruption is due to a £5.8 million revamp, aiming to create a more “welcoming and “accessible” experience for visitors and residents. Work is expected to take approximately one year. Officials answered questions about the scheme at a public event in April. Paul Shaddock, senior traffic engineer at Wiltshire Council, said one long-awaited …
Read More »Local councils urged to save Woodsmith workers at Anglo American
The Mail revealed earlier this month that more than 1,000 roles could be cut By Francesca Washtell Updated: 22:01, 1 June 2024 Councils must do everything to help workers who are laid off at Anglo American’s mine in North Yorkshire into new jobs, a former secretary of state has insisted. …
Read More »Massachusetts teacher who held mock slave auction, used racial slur, placed on leave: school officials | National
A Massachusetts elementary school teacher has been placed on leave following a series of incidents in which she held a mock slave auction and used a racial slur, district and school officials said this week. The fifth grade teacher at Margaret A. Neary Elementary School in Southborough, a town about …
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