Royal Mail's takeover will be analysed from a national security standpoint should shareholders accept the offer, chancellor Jeremy Hunt said. Source link
Read More »Royal Mail takeover to face national security checks, says Hunt | LSE:IDS
UK postal workers’ union issues strike warning to Daniel Křetínský
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK postal workers’ union has issued a strike warning to Czech billionaire Daniel Křetínský if he fails to meet their demands in his Royal Mail takeover bid, raising the …
Read More »Kemi Badenoch threatens to block Royal Mail deal to foreign owners unless guarantees are issued
Friday 17 May 2024 7:29 am Kemi Badenoch threatens Royal Mail bosses of blocked deal to foreign owners unless guarantees are issued (Kemi Badenoch Photo credit: Carl Recine/PA Wire) Kemi Badenoch has issued warnings to the Royal Mail that she will block any foreign buyer unless cast-iron guarantees are put …
Read More »Company insolvencies jump; Royal Mail takeover would face security review; energy cap to fall in July – business live | Business
Company insolvencies in England and Wales jump by a fifth Newsflash: More companies and individuals across England and Wales fell into insolvency last month, as high interest rates continue to weigh. Company insolvencies jumped by 18% in April to 2,177, the Insolvency Service has reported. This included 300 compulsory liquidations, …
Read More »Meet the enigmatic Czech billionaire who wants to buy Britain’s Royal Mail | Business
State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington D.C.West VirginiaWisconsinWyomingPuerto RicoUS Virgin IslandsArmed Forces AmericasArmed Forces PacificArmed Forces EuropeNorthern Mariana IslandsMarshall IslandsAmerican SamoaFederated States of MicronesiaGuamPalauAlberta, CanadaBritish Columbia, CanadaManitoba, CanadaNew Brunswick, CanadaNewfoundland, CanadaNova Scotia, CanadaNorthwest Territories, CanadaNunavut, CanadaOntario, CanadaPrince Edward Island, CanadaQuebec, CanadaSaskatchewan, CanadaYukon Territory, Canada Zip …
Read More »Royal Mail: Meet Czech billionaire Daniel Křetínský who wants to buy Britain’s postal service
London CNN — Royal Mail dates back to the Tudors. It has been operating a postal service in England since the reign of Henry VIII. Now this most British of institutions is on the brink of being sold to a Czech billionaire, Daniel Křetínský, raising fears about the fate of …
Read More »Proposed takeover of Royal Mail by Czech billionaire is a result of mismanagement, says CWU
The proposed £3.5 billion takeover of Royal Mail by the Czech billionaire Daniel Kretinsky is the result of mismanagement by the directors of the group, according to the Communication Workers Union. CMU General Secretary Dave Ward told GB News: “Royal Mail is a UK institution, it is a critical part …
Read More »Newspaper review: Hunt's Labour warning and new Royal images – BBC
The image of the four royal mothers also dominates the front of Friday's Daily Mail. In other domestic news the tabloid leads with a report that … Source link
Read More »Business secretary quizzes Royal Mail owner on Kretinsky bid
The prospect of government opposition to a proposed £3.5 billion acquisition of the Royal Mail’s parent company has receded after the business secretary welcomed contractual undertakings being negotiated as part of a Czech tycoon’s takeover. In a potentially politically significant moment for the deal, on Thursday Kemi Badenoch met Martin …
Read More »Kemi Badenoch warns Royal Mail bosses she won’t allow £3.5billion sale to ‘Czech Sphinx’ without guarantees on postal services
Kemi Badenoch last night warned the Royal Mail she will not allow it to be sold to a foreign buyer unless there are guarantees over the protection of vital services. Amid mounting fears over what the proposed £3.5 billion takeover by a Czech billionaire will mean, the Business Secretary held …
Read More »