The swoop is also facing opposition from the CWU, which is instead calling for a “new ownership and governance model” for Royal Mail. Mr Kretinsky’s EP Group, which is expected to make a fresh offer ahead of a deadline of May 15 set under City takeover rules, has held meetings …
Read More »‘Czech sphinx’ Royal Mail investor advised by ex-Labour star Chuka Umunna
A Czech energy tycoon that trade union leaders claim is plotting a takeover of Royal Mail is being advised by Chuka Umunna, The Telegraph can disclose. The former Labour leadership hopeful, who was a prominent critic of Royal Mail’s privatisation while a frontbench MP, has been hired by Vesa Equity, …
Read More »Vince Cable: Former Lib Dem leader to stand down at next general election
Former Liberal Democrat leader Sir Vince Cable is to step down as an MP at the next election, the party has announced. The news will spark a scramble for Cable’s Twickenham seat, with newly-defected Lib Dem MPs Chuka Umunna and Sarah Wollaston thought likely to be at the head of …
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