Royal Mail’s parent company agreed in May to a £3.6bn acquisition by EP Group Pat McFadden, Chancellor of the Duchy of Lancaster, has approved the deal By HARRY WISE Updated: 08:02 EST, 20 December 2024 Daniel Kretinsky’s acquisition of Royal Mail is getting closer to realisation after gaining national security …
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The postie, in his all-weather shorts, is so much-loved in one Hertfordshire village that each Christmas residents buy him a £500 gift voucher, plus champagne and chocolates. At this festive season, love it or hate it, the Royal Mail is an enduring feature of our lives. Whether one is queueing …
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Millions of us are posting presents and cards to loved ones across the UK and crossing our fingers that they will arrive by Christmas within the timeframes promised by Royal Mail. But will they? Money Mail decided to find out. We sent 100 Christmas cards to family and friends around …
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By ALEX BRUMMER FOR THE DAILY MAIL Updated: 17:14 EST, 17 December 2024 Among the more bizarre aspects of the deal carved out by Czech billionaire Daniel Kretinsky with the Government and Royal Mail is the use of a ‘golden share’. Such shares protect strategic assets from foreign marauders. Among …
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The 500-year-old postal service is set to be snapped up in a £3.6bn deal By SAM BARKER Updated: 12:14 EST, 16 December 2024 Royal Mail is set to be taken over by Czech billionaire Daniel Kretinsky – leaving households wondering what the deal means for them. Royal Mail is currently …
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Shares will provide a much-needed lift to City London on course for worst year for corporate exits since financial crisis Canal+ expected to secure value of up to £5bn when its shares begin trading By CALUM MUIRHEAD Updated: 22:07, 15 December 2024 French TV and film giant Canal+ will make …
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Cable said Ministers should be cautious about bid from Daniel Kretinsky Former Lib Dem Minister Cable was in charge of privatising Royal Mail in 2013 He sold it for £3.3 billion, or £3.30 a share By CALUM MUIRHEAD Updated: 16:53 EST, 14 December 2024 Labour has been warned this weekend …
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By ALEX BRUMMER Updated: 04:48 EST, 14 December 2024 Bank of England watchers are convinced the Monetary Policy Committee will sit on its hands next week when it sets interest rates for the last time this year. If, as governor Andrew Bailey says, the Bank is data-driven, it has little …
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Royal Mail only delivered 74.7% of first-class mail on time last year Ofcom previously fined Royal Mail £5.6m for falling short of its targets By HARRY WISE Updated: 07:22 EST, 13 December 2024 Britain’s communications regulator has slapped Royal Mail with a fine for late deliveries for the second time …
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By THIS IS MONEY Updated: 11:14 EST, 11 December 2024 There may be a lot of negativity surrounding the UK economy but companies are performing well, says Kepler Trust Intelligence’s Thomas McMahon. With depressed sentiment meaning stock market valuations are low and many UK-focussed investment trusts trading on a discount, …
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