“Czech Sphinx” Daniel Kretinsky‘s £3.6bn swoop for Royal Mail’s parent company has failed to win over the City – despite the company’s board agreeing to the deal, writes John-Paul Ford Rojas. Shares in International Distribution Services rose 4.3pc, or 13.8p, to 335p on the announcement, still short of the 370p …
Read More »Poles among most overworked EU nations, says Eurostat – TVP World
FACEBOOK TWITTER E-MAIL COPY LINK. Poland is one of the leaders in terms of … 'Czech Sphinx' set to buy British Royal Mail. Business. item.image.alt. Source link
Read More »Terrier at centre of postage row as Royal Mail suspends deliveries over report he ‘attacked’ postie
The 12-year-old Patterdale terrier is the residents’ ‘security alarm’ at Alan Gutridge Drive where mainly retired residents live in 18 two-bedroom bungalows on communal grounds. Opinions are split in the area over the action. “We all had a letter from our management company on Thursday afternoon saying that deliveries had …
Read More »Has privatisation been a success?
Saturday 01 June 2024 7:00 am Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email But how has Royal Mail fared in the decade since it was sold into private ownership? Almost a decade after it was sold …
Read More »Will Labour’s private school tax plan swamp the state sector? Obviously not
“Some of the commentary suggests really large volumes of students being pulled out. I really don’t think we’ll be seeing that,” said Louis Hodge, associate director for school system and performance at the Education Policy Institute. “Independent school fees have been increasing steadily for a decade, with very little impact …
Read More »Peppa Pig: Stamps to mark 20 years of the TV show
There are 12 new stamps that feature Peppa and her friends and family. Daddy Pig, Mummy Pig, little brother George and Suzy Sheep are just some of the popular characters on the new stamps. David Gold from Royal Mail said: “Peppa Pig, her friends and family have brought joy and …
Read More »Cross-breed dog from Crystal Palace named ‘most handsome’
A dapper mutt from Crystal Palace has been named the ‘Most Handsome Dog’ in a regional heat. Leo’s best features are his ‘tail swishes’ and ‘little squeaking noises’, according to his owner, Edward. The four-year-old pooch, who is a mix of Pekingese and four other breeds, will now compete at …
Read More »How much did Gildan’s CEO battle cost its shareholders? Take our business quiz for the week of May 31
Welcome to The Globe and Mail’s business and investing news quiz. Join us each week to test your knowledge of the stories making the headlines. Our business reporters come up with the questions, and you can show us what you know. This week: Royal Bank of Canada posted second-quarter profit …
Read More »Czech Sphinx Daniel Kretinsky warns of Royal Mail ‘death spiral’ over six-days-a-week post… as results show the company is losing £1million a day
By Leah Montebello, Business Reporter Published: 19:37 EDT, 31 May 2024 | Updated: 19:53 EDT, 31 May 2024 Royal Mail is facing a ‘death spiral’ over its obligation to deliver post six days a week, according to would-be owner Daniel Kretinsky. The billionaire – nicknamed the Czech Sphinx – described …
Read More »Canada Post reports C$76m loss in Q1 2024
Pre-tax revenue fell by C$76m (US$55.4m) in the first quarter of 2024 as revenues for parcels and transaction mail declined, Canada Post has reported. According to the post, the Q1 loss improved compared to the same period in 2023 due to the receipt of non-recurring dividends, partly related to the …
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