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 »
Communication Workers Union (CWU) General Secretary Dave Ward has announced a “groundbreaking negotiators’ agreement” with billionaire Daniel Kretinsky and his private equity firm, EP Group. Ward claimed the £3.5 billion takeover of Royal Mail offers the “opportunity for a fresh start”. The Labour government announced its approval of the takeover …
Read More »
Calling all last-minute shoppers, this week is your final chance to have your post arrive before Christmas. Royal Mail has released the last Christmas posting dates for 2023 meaning you’ve got just a few days left to guarantee everything arrives in time for the big day. Every year, the postal …
Read More »
Royal Mail has issued a warning to people sending first class post today. Royal Mail has shared its last Christmas posting dates for 2024, and UK households need to act quickly if they want to beat the cut-off point from the postal service. Royal Mail said: “Latest posting dates are …
Read More »
The Czech billionaire Daniel Kretinsky’s £3.6 billion takeover of the Royal Mail has passed another key milestone after being cleared by the government under national security laws. Pat McFadden, the chancellor of the Duchy of Lancaster, has conditionally approved the purchase of the 500-year-old institution by Kretinsky’s EP Group under …
Read More »
Royal Mail has shared its final posting dates on its website, and the cut-off for some deliveries has already happened. This means Britons must be quick if they have any letters or parcels that need to arrive before the big day. Royal Mail said: “Latest posting dates are correct at …
Read More »
An urgent alert has been sent out to Amazon and Royal Mail customers about up to four scams circulating as the festive season draws near. Customers are being forewarned about an increase in fraudulent activities as December 25 approaches. Rob Lilley-Jones, Which? consumer specialist, warned: “With so many parcels expected …
Read More »
London’s FTSE 100 has continued where it left off yesterday with a 33-point fall to 8,071 and a new low for the month. More selling in the US and Asia overnight is one reason although the Dow Jones Index in New York did break its ten-day losing run albeit only …
Read More »
The EP Group takeover of Royal Mail parent company International Distribution Services (IDS) has received final approval from the government. Issued today (20 December), an announcement from the Chancellor of the Duchy of Lancaster gave notice of a final order approving the acquisition under the terms of the National Security …
Read More »
The £3.6 billion, 370p a share takeover of International Distribution Services (IDS), the owner of Royal Mail, by a company owned by Czech billionaire Daniel Kretinsky has passed a review prompted by concern over national security, says Jasper Jolly in The Guardian. This means that Royal Mail, which can be …
Read More »