Residents of the Horsham and Arundel and South Downs constituencies are being reminded to register to vote in the run up to the UK Parliamentary General Election on Thursday 4 July 2024. It only takes 5 minutes to register online. The deadline to register to vote for the General Election …
Read More »Royal Mail needs up to £400m cash injection, says Daniel Kretinsy
The Czech billionaire who would be the owner of Royal Mail has revealed plans for a structural shake-up of the company, which could threaten the jobs of tens of thousands of postal delivery workers and thousands of the company’s signature red pillar boxes. In a rare public comment, Daniel Kretinsky, …
Read More »UK Royal Mail agrees to takeover from Czech billionaire Kretinsky
LONDON, England: The operation of the 500-year-old British Royal Mail, the UK’s postal service, has announced that it has accepted a $4.6 billion offer from Czech investor Daniel Kretinsky to operate the company’s day-to-day service. Plans called for Kretinsky EP Group to purchase International Distribution Services, which owns Royal Mail. …
Read More »Royal Mail safeguards can be extended after takeover if needed , Hunt says By Proactive Investors
Proactive Investors – Chancellor of the Exchequer Jeremy Hunt said the promises made by Daniel Kretinsky not to break up Royal Mail (LON:) could be extended by the government. After his £3.6 billion takeover offer for International Distributions Services PLC was accepted this week, ‘Czech Sphinx’ Kretinsky’s EP Group has …
Read More »Friday newspaper round-up: Royal Mail, fossil fuels, Anglo American
The union that represents workers at Royal Mail has called for a new business model for the company that would see workers given a stake in the company and pay tied to growing services and meeting certain social benefits. Dave Ward, the general secretary of the Communications Workers Union (CWU), …
Read More »Postal workers union wants Royal Mail staff to have stake in business | Royal Mail
The union that represents workers at Royal Mail has called for a new business model for the company that would see workers given a stake in the company and pay tied to growing services and meeting certain social benefits. Dave Ward, the general secretary of the Communications Workers Union (CWU), …
Read More »Hunt Pledges to Safeguard Key Royal Mail Services Amid £3.6bn Takeover
Chancellor Jeremy Hunt has urged regulators to rigorously scrutinise Daniel Kretinsky’s proposed £3.6 billion takeover of Royal Mail, amidst concerns about a potential break-up of the iconic postal service. Hunt emphasised the importance of extending the safeguards currently promised by Kretinsky beyond their initial periods. Speaking to LBC, Hunt highlighted …
Read More »The business empire of the Czech billionaire who is set to take over Britain’s Royal Mail firm
Czech billionaire Daniel Kretinsky pressed on with his buying spree this week as EP Group, one of his investment vehicles, finalised a deal to take private the owner of Royal Mail in Britain. Kretinsky, 47, a former investment bank lawyer who built one of Europe’s largest energy groups, Energeticky a …
Read More »Czech Billionaire Plans £400m Overhaul for Royal Mail, Sparking Job Concerns
Daniel Kretinsky, the Czech billionaire poised to take over Royal Mail, has unveiled a transformative vision for the company, which includes a £400 million investment to establish a network of dropboxes and delivery lockers across the UK. This move could significantly impact tens of thousands of postal delivery jobs and …
Read More »Who is Daniel Kretinsky, the Czech billionaire trying to buy Royal Mail? | Evening Standard
The board of Royal Mail's parent company has accepted a £3.57 billion offer to buy the group from Czech billionaire Daniel Kretinsky. If the deal goes … Source link
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