“The Board has sought, and EP Group has agreed to offer as part of the Proposal, a set of contractual undertakings to protect key public interest factors and recognise Royal Mail’s status as a key part of national infrastructure. It is anticipated that the commitment to offer these contractual undertakings …
Read More »NEWS OF THE WEEK: Rebel Wilson claims British royal invited her to drug-fuelled orgy
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Read More »West Ham part-owner Daniel Křetínský in shock bid for Royal Mail
In a statement EP Group said it “recognises that Royal Mail is in a challenging situation. Weak financial performance, poor service delivery and a slow transformation, in the face of a market going through structural change, have put the business under unsustainable pressure. With the increasing competition from multinational companies …
Read More »Who owns Royal Mail: last posting dates for Christmas brought forward amid strikes
R oyal Mail has brought its final posting dates for Christmas forward by almost a week amid industrial action by its workers. It has brought forward the final suggested date for sending second class post to December 12 from December 19, and for first class to December 16 from December …
Read More »Government clears way for Czech investor to build stake in Royal Mail
T he government has cleared Royal Mail’s biggest shareholder, an investment vehicle part-owned by a Czech billionaire with links to Russia, to increase its stake in the company. Daniel Křetínský’s Vesa Equity already owns 22% of Royal Mail’s parent, International Distributions Services. The Department for Business, Energy and Industrial Strategy …
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