For the first time in its 500-year history, Royal Mail has fallen into foreign hands, said James Warrington in The Daily Telegraph. “Ministers have given the green light” to its sale to Czech billionaire Daniel Kretínský’s EP Group. As part of the deal, the Government will retain a “golden share” …
Read More »Royal Mail issues urgent reminder to anyone sending Christmas presents
Time is quickly running out to send Christmas presents, and with the weekend just around the corner there may be fewer days than you think to get your presents delivered in time. The cut-off for some deliveries has already been and gone. Royal Mail has shared its final posting dates …
Read More »Royal Mail £3.6bn takeover passes national security check | LSE:IDS – Proactive Investors
Royal Mail's takeover by Czech billionaire Daniel Kretinsky has passed another major milestone with approval under national security laws. Source link
Read More »FTSE 100 regains from slump as US stocks turn green on inflation figures
FTSE 100 off 5 points Royal Mail bid clears security check US PCE undershoots expectations 16.04pm: FTSE 100 regains late on London’s blue chips gained some steam as the weekend approached, entering late trading down 5 points at 8,100 but well off the near 100-point drop seen …
Read More »The U.K. and Germany have done it. Should Canada also privatize its postal service?
The solution to Canada Post’s financial woes and murky future, according to one observer, is just two words: Sell it. “I’m not sure you can do any tweaks,” said Vincent Geloso, an assistant professor of economics at George Mason University in Fairfax, Va. “The best you can do is make them suck not …
Read More »FTSE 100 regains from slump as US stocks turn green on inflation figures
FTSE 100 off 5 points Royal Mail bid clears security check US PCE undershoots expectations 16.04pm: FTSE 100 regains late on London’s blue chips gained some steam as the weekend approached, entering late trading down 5 points at 8,100 but well off the near 100-point drop seen …
Read More »HR Magazine – 12 months of 2024: December
As we near the end of this year, our ’12 Days of Christmas’-style countdown rounds up key stories from each month of 2024. In December we announced the winners of our HR Excellence Awards, the Office for National Statistics delayed the release of its new labour force survey, and …
Read More »MP visits Welwyn Garden City Royal Mail delivery office
Andrew was given a tour around the facility by Oana Vasilu, where he spoke to workers and heard how they manage their busy workload in the lead up to Christmas. Christmas is Royal Mail’s busiest period, with around double the normal volume of letters and parcels processed. Across the UK, …
Read More »IN BRIEF: EP takeover of Royal Mail parent gets UK security clearance
International Distribution Services PLC – London-based post and parcels delivery firm that owns Royal Mail – Acquisition by Daniel Kretinsky’s EP Group AS gets UK security clearance. The UK government on Monday confirmed it had cleared the way for the 500-year-old postal service to pass into foreign ownership for the …
Read More »FTSE 100 regains from slump as US stocks turn green on inflation figures
FTSE 100 off 5 points Royal Mail bid clears security check US PCE undershoots expectations 16.04pm: FTSE 100 regains late on London’s blue chips gained some steam as the weekend approached, entering late trading down 5 points at 8,100 but well off the near 100-point drop seen …
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