Privatisation of Royal Mail is one of the biggest scandals of recent times The obvious and right answer is to renationalise Royal Mail But a Tory or a Labour government are unwilling to contemplate this By Dave Ward Updated: 16:55 EDT, 9 June 2024 Perhaps it seems highly unusual for …
Read More »There’s a devastating debt bomb lurking inside the Royal Mail takeover
The potential for asset sales should be a genuine concern too. Both Royal Mail shareholders and experts believe Kretinsky could be getting his hands on one of the biggest corporate property portfolios in Europe – an estate of prime sites situated in towns up and down the country – on …
Read More »Ownership of Royal Mail should be a top election issue, says ALEX BRUMMER
By Alex Brummer for the Daily Mail Updated: 17:01 EDT, 3 June 2024 Of all the takeover battles on the table at present, there is none more significant to Britain than the proposed £3.6billion sell-off of International Distribution Services, the owner of the Royal Mail, to Czech billionaire Daniel Kretinsky. …
Read More »Britain will pay a heavy price for Hunt’s Royal Mail blunder, says ALEX BRUMMER
By Alex Brummer for the Daily Mail Updated: 17:01 EDT, 30 May 2024 Jeremy Hunt is having a good election campaign in difficult polling circumstances. He has forced Shadow Chancellor Rachel Reeves on to the back foot on VAT. His approach, however, to the impending disposal of the Royal Mail …
Read More »Royal Mail’s shameful sale: Debt-fuelled deal is bad for Britain, says ALEX BRUMMER
By Alex Brummer for the Daily Mail Updated: 17:02 EDT, 29 May 2024 The surrender of the board of Royal Mail owner International Distribution Services (IDS) to the blandishments of Czech billionaire Daniel Kretinsky is a national disgrace. An IDS board, stuffed with the great and the good including chairman …
Read More »ALEX BRUMMER: Weak enforcers betray UK
By Alex Brummer for the Daily Mail Updated: 16:50 EDT, 24 May 2024 The wheels of commerce spin ever faster with a rush of FTSE 350 takeover bids. But the General Election campaign will usher in a period of regulatory purdah. The effort by Czech billionaire Daniel Kretinsky to swallow …
Read More »Living a miserable existence to fund an early retirement is a terrible idea
For me, the costs firmly don’t outweigh the benefits. Let’s assume that you’re able to invest an extra £10,000 per year by living miserably now in hopes of a brighter future (bear in mind the average full-time salary in the UK is around £35,000 and that’s before tax). The S&P …
Read More »The unstoppable march of mushrooms will remake our world
What do Beatrix Potter and Jeremy Clarkson have in common? Both are susceptible to the charm of pigs – Potter’s Tale of Pigling Bland describes an intrepid young piglet’s escape from slaughter, a fate that Clarkson’s Oxford Sandy & Blacks do not avoid. The unlikely pair are also united by …
Read More »RUTH SUNDERLAND: Stop cynical Royal Mail bid
By Ruth Sunderland for the Daily Mail Updated: 16:50 EDT, 19 May 2024 Daniel Kretinsky, the Czech Sphinx who wants to take over Royal Mail, learned his trade in the turmoil that followed the lifting of the Iron Curtain. The Velvet Revolution of 1989 happened in his formative years as …
Read More »ALEX BRUMMER: End this Czech farce at Royal Mail now
By Alex Brummer for the Daily Mail Updated: 18:10 EDT, 17 May 2024 Rubbing his hands: Daniel Kretinsky Jolly good that Kemi Badenoch has sat down with Martin Seidenberg, chief executive of Royal Mail owner International Distributions Services (IDS). The Business Secretary outlined the Government’s demands should Czech billionaire Daniel …
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