Royal Mail owner’s £3.6bn takeover approved by shareholders

Royal Mail’s £3.6 billion takeover by Czech billionaire Daniel Kretinsky has been passed by its shareholders, paving the way for the more than 500-year-old company to be taken into foreign ownership for the first time. International Distribution Services (IDS), Royal Mail’s owner, first agreed to the acquisition in May last …

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Labour’s postal sell-out: Did we learn nothing from the financial vandalism of our water firms? asks ALEX BRUMMER

Labour’s greatest business betrayal has been accomplished without words of public dissent. Assured by undertakings from Czech sphinx Daniel Kretinsky, 80 per cent of shareholders voted in favour of his EP Group’s £3.6billion purchase of Royal Mail owner International Distribution Services (IDS). Sell-out merchant Keith Williams, IDS chairman, hailed the …

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LTB 087/25 – EP GROUP TAKEOVER CONFIRMED

No: 087/25 30th April 2025 TO:  ALL POSTAL BRANCHES Dear Colleague EP GROUP TAKEOVER CONFIRMED The purpose of this LTB is to confirm the takeover of Royal Mail Group has been completed, with 80.06% of shareholders voting to accept the offer document.  The CWU has responded with the attached press …

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BBC One – The One Show – Energy Misbilling

This week, Watchdog investigates energy suppliers who are chasing people for money they don’t owe, who are not even their customers. Alwyn started receiving letters from E.ON addressed to ‘The Occupier,’ despite having a pre-paid electricity meter with a different provider. After two years of discarding the letters upon receiving …

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