Postal workers have told the ‘Czech sphinx’ billionaire bidding to take over Royal Mail for £3.6billion that his firm’s commitments are ‘not enough’. Businessman Daniel Kretinsky, 48, has previously been accused of undervaluing the postal company with his £3.57 billion offer to take over the firm. Known as the ‘Czech Sphinx’ …
Read More »Officials from the Communication Workers Union (CWU) met representatives of the EP Group, describing it as “useful and constructive”, adding that further meetings would take place including the direct involvement of Daniel Kretinsky, the Czech tycoon behind the multi-billion-pound takeover. CWU general secretary Dave Ward said: “We made it very …
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Postal workers leaders have told the company bidding to take over Royal Mail that commitments it has given are not strong enough. Officials from the Communication Workers Union (CWU) met representatives of the EP Group, describing it as “useful and constructive”, adding that further meetings would take place including the …
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Royal Mail customers have been warned as stamp prices could be hiked even further under a new boss. Royal Mail’s incoming boss suggested that costs could continue to spiral in coming years afte the postal company was bought. This meant he was unable to rule out price rises for Royal …
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4 June 2024, 10:53 Metropolitan Police Commander Karen Findlay (second left) is under investigation for allegedly misusing an official vehicle. Picture: alamy The police officer who led the operations for the Queen’s funeral and the King’s coronation is under investigation for allegedly misusing an official vehicle. Metropolitan Police Commander Karen …
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A 32-year-old man from Wrexham has been jailed for his part in thefts in Chester and North Wales – including raiding a Royal Mail van. Jonathan Higgins from Langdale Avenue, Rhostyllen appeared at Chester Magistrates on May 24 to be sentenced after pleading guilty to theft by finding, two counts …
Read More »Why oh why in these times of austerity has Reading Borough Council decided to employ Counsel and take on the government over a decision to develop the site to the north of Reading station and the old Post Office site on Caversham Road. The whole area has been blighted for …
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A disabled young mother fears that she is stuck in emergency housing months after she hoped to have been moved on to a more suitable longer-term property. Zoe McBride, 28, who suffers from chronic back problems and has a 10-month-old baby, said that families had come and gone from the …
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Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, says one of the things he has learned in the past few years is that consumers would rather see the economy fall into a recession than to continue to suffer the pain of soaring prices. “The American people – …
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The potential for asset sales should be a genuine concern too. Both Royal Mail shareholders and experts believe Kretinsky could be getting his hands on one of the biggest corporate property portfolios in Europe – an estate of prime sites situated in towns up and down the country – on …
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