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 …
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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 …
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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, …
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The authors reflect on the main takeaways from three important new judgments in competition litigation, and how those judgments relate to economic evidence provided in competition matters. The United Kingdom has recently seen three important new judgments in competition litigation: Granville, Royal Mail and Gormsen. In this article, authors Anca …
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PROMISES by tycoon Daniel Kretinsky over his Royal Mail takeover must be watertight, the Post Office minister says. Kevin Hollinrake wants the Czech businessman’s undertakings tested ahead of the £36billion deal. 5 Promises by Daniel Kretinsky over his Royal Mail takeover must be watertight, says the Post Office ministerCredit: AFP …
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By Jessica Clark Updated: 17:00 EDT, 26 June 2024 The boss of Royal Mail’s owner could rake in more than £5million from the sale of the postal service to the ‘Czech Sphinx’. Martin Seidenberg, the chief executive of International Distribution Services (IDS), will get a payout due to his shareholding …
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(SWNS) By Lauren Beavis via SWNS Postal workers should be given ‘hard hats’ to protect them from seagulls according to residents who have stopped getting mail due to attacks. Households have stopped receiving mail due to attacks by the birds and have now called for them to be issued protection. …
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Royal Mail have launched an investigation after allegations a Salford postman was ‘seen’ scrawling ‘racists’ on Reform UK campaign leaflets. The postie was seen on doorbell footage writing on leaflets before delivering them. The man, wearing a red branded Royal Mail polo shirt and black cap, has not yet been …
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