Tag Archives: money

By Alex Brummer for the Daily Mail Updated: 17:02 EDT, 27 June 2024 There are many reasons for opposing the ‘Czech Sphinx’ bid for International Distributions Services (IDS), the owner of the Royal Mail. These include the public interest, fragile knowledge of the would-be buyers Daniel Kretinsky and partners, workforce …

The business of government stops during general election campaigns, with Whitehall and quangos going into purdah.  This has provided City bankers and advisers with an opportunity to press ahead with bids and deals under the radar. There is no more important transaction at present than the proposed takeover of International …

By Jessica Clark Updated: 17:00 EDT, 26 June 2024 The boss of Royal Mail’s owner could rake in more than £5million from the sale of the postal service to the ‘Czech Sphinx’. Martin Seidenberg, the chief executive of International Distribution Services (IDS), will get a payout due to his shareholding …

Brits are being warned of five text messages you should never respond to as they are always scams. One recent example includes a cunning HMRC refund scheme text scam. With cybersecurity at an all time high, expert have listed five common text scams and how to deal with them. One …

By Jon Hopkins Updated: 03:30 EDT, 22 June 2024 The sun has finally come out for the FTSE 100 after a dismal start to the summer. Britain’s blue-chip share index logged a weekly gain yesterday – its first in six weeks. Investors have been encouraged in recent days by news …

By Alex Brummer for the Daily Mail Updated: 16:51 EDT, 21 June 2024 Britvic has long appeared an anachronism. Down at the Druids Head in Brighton, for as long as I can remember, it sold orange juice in the smallest bottles for the highest prices. One often mused as to …

I’ve collected 50p coins for quite some time and would love to know the value of what I have accumulated.  I’ve seen some coins like the ones I have listed on various sites for £30,000 and other high values.  Do I have some valuable 50p coins that could be worth …

Daniel Kretinsky stunned the City when he revealed plans to take over the owner of Royal Mail. And it was an even bigger surprise to many when the board of International Distribution Services (IDS), the delivery business’s parent company, unanimously backed the Czech billionaire’s £3.6billion offer. Royal Mail’s privatisation back …

When you push on the door firmly enough, it eventually caves in.  The private equity consortium stalking investor platform Hargreaves Lansdown has come up with a bid price of £5.4billion, or £11.40 a share, which the board, headed by new chairman Alison Platt, is minded to accept. Why should we …

Net fees were down 7% YOY to £188.7m for the six months to 31 May By Daniel Fessahaye Updated: 09:41 EDT, 18 June 2024 SThree expects to be ‘in line with market expectations’ for the financial year despite reporting a dip in net fees amid a ‘challenging market’.    The recruitment …