[ad_1] By CALUM MUIRHEAD Updated: 17:20 EST, 26 November 2024 The Business Secretary appeared to shrug off concerns about the looming takeover of Royal Mail by a Czech energy tycoon. Jonathan Reynolds told MPs that billionaire Daniel Kretinsky, who swooped on Royal Mail with a £3.6billion bid earlier this year, was a ‘legitimate business figure’….
[ad_1] We live in scary times – some would say the most frightening since the missile crisis of 1962, when the world was brought to the brink of nuclear war over the Soviet Union’s decision to deploy weapons of mass destruction in Cuba. Thankfully, catastrophe was averted. This time around, it is the embattled country…
[ad_1] By ALEX BRUMMER FOR THE DAILY MAIL Updated: 02:25 EST, 22 November 2024 A perennial complaint, often heard, is the lack of towering figures and the contested battles which once dominated the City. The likes of Mrs Thatcher’s favourites Lord Hanson and Lord King of BA and the politically savvy Lord Weinstock don’t really…
[ad_1] Royal Mail has signalled potential further increases in stamp prices following a £120million national insurance impact from the recent Budget. Martin Seidenberg, the chief of Royal Mail’s owning company, has also not dismissed the possibility of additional job cuts due to the rising costs. “We are looking at all areas of the business,” he…
[ad_1] By CALUM MUIRHEAD Updated: 17:01 EST, 21 November 2024 Royal Mail has warned of more price hikes as a result of the Chancellor’s National Insurance raid. Martin Seidenberg, head of parent company International Distribution Services (IDS), said it would need to raise prices to offset a £120million hit from measures unveiled in the Budget…
[ad_1] By JANE DENTON Updated: 05:50 EST, 21 November 2024 Further Royal Mail price hikes could be on the cards after the owner of the postal service flagged greater cost pressures arising from the Autumn Budget. International Distribution Services said it could not rule out price hikes and greater use of automation as it looks…
[ad_1] By CALUM MUIRHEAD Updated: 17:19 EST, 19 November 2024 The takeover of Royal Mail by a Czech billionaire looks set to be approved by ministers. It places the postal service into foreign hands for the first time in its 508-year history. Trade union bosses representing around 100,000 posties told their members it was ‘likely…
[ad_1] By LIVE COMMENTARY Updated: 06:44 EST, 20 November 2024 Consumer price inflation accelerated to its highest level since April last month, fresh data from the Office for National Statistics shows. The Consumer Price Index rose to 2.3 per cent in October from 1.7 per cent in September, higher than the 2.2 per cent forecast…
[ad_1] By CALUM MUIRHEAD Updated: 22:19, 19 November 2024 The takeover of Royal Mail by a Czech billionaire looks set to be approved by ministers. It places the postal service into foreign hands for the first time in its 508-year history. Trade union bosses representing around 100,000 posties told their members it was ‘likely the…
[ad_1] Such savings would require card senders to seek out specific deals, Skyscanner said. Flights from Luton to Belgrade, Serbia, can cost as little as £33. The cost of sending 100 Christmas cards abroad from the Serbian capital is just £78 – less than half the cost of first-class postage via Royal Mail, and would…