Glasgow Prestwick Airport (GPA) is to be Royal Mail’s newest international e-commerce hub in the UK. Prestwick was selected by Royal Mail due to the numerous benefits it offers over alternative airports throughout the UK, including offering up to half of the cost of landing at some UK hubs. “We …
Read More »There is nothing to like about Daniel Kretinsky’s shabby offer for Royal Mail, says ALEX BRUMMER
The business of government stops during general election campaigns, with Whitehall and quangos going into purdah. This has provided City bankers and advisers with an opportunity to press ahead with bids and deals under the radar. There is no more important transaction at present than the proposed takeover of International …
Read More »Thursday papers: All big US banks pass Fed's annual stress test – Citywire
… Royal Mail's parent company by Daniel Kretinsky. Daily Mail: AO World's annual profits have soared as price hikes helped the group compensate for … Source link
Read More »Who will get a piece of the £146million fees bonanza as part of the massive £3.6bn Royal Mail takeover by Czech billionaire Daniel Kretinsky
By Jessica Clark Published: 19:14 EDT, 26 June 2024 | Updated: 20:40 EDT, 26 June 2024 Bankers, lawyers and advisers will earn nearly £150million from the takeover of Royal Mail. The controversial £3.6billion deal, agreed with billionaire Daniel Kretinsky, would see the postal service fall into foreign ownership for the …
Read More »People in this town aren’t getting mail because of seagull attacks | Plus
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Read More »How to stop overreacting at work
Hello and welcome to Working It. I am fresh from moderating a panel discussion in my own office (what could be better?) with three of the best in the work business: Gabriella Braun, author of All That We Are, Andrew Scott, professor of economics at London Business School — and …
Read More »Royal Mail: Czech billionaire offers to buy all staff shares
Mr Kretinsky’s EP Group has offered a series of time limited guarantees including the retention of the Royal Mail logo, its UK headquarters, and its UK tax base. It also offered to honour current employment agreements with unions and promised not to split off the profitable parcels business, which IDS …
Read More »Scottish councils raise concerns over delays to postal vote forms
Councils in Scotland have raised concerns over delays to postal vote forms being sent out ahead of the general election. Western Isles Council reported a high number of calls from residents waiting for a voting pack and said this was due to “national disruption”. Fife Council said there had been …
Read More »Daniel Kretinsky offers Royal Mail staff stake in £3.6bn deal
City bankers and other advisers are in line for a £146 million payday for working on the £3.6 billion bid for Royal Mail’s parent company by Daniel Kretinsky. The offer document from the Czech billionaire’s EP Group shows that advisers on the deal will share a total of £89.1 million, …
Read More »People in this town aren’t getting mail because of seagull attacks | National
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