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Tag Archives: money

Will the Czech Sphinx launch a bid for Royal Mail?

Will the Czech Sphinx launch a bid for Royal Mail? Tycoon ups his stake in parent group IDS but losses mount as disputes drag on By Calum Muirhead For The Daily Mail Published: 16:51 EDT, 27 March 2023 | Updated: 17:53 EDT, 27 March 2023 Royal Mail’s biggest shareholder has …

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LV and Royal London bury hatchet but won’t merge

Boss of Royal London says peace has broken out between his firm and rival insurer LV after bitter falling out, though failed merger talks not being revived By John-Paul Ford Rojas, Financial Mail On Sunday Published: 16:53 EDT, 11 March 2023 | Updated: 16:53 EDT, 11 March 2023 Peace: Royal London …

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Axing Saturday post would cut Royal Mail loss

Scrapping letter deliveries on Saturdays could save Royal Mail hundreds of millions of pounds a year as it battles to stem ballooning losses and modernise Group could see as much as £250m saved if deliveries cut to five days a week It potentially could slash company’s projected annual losses for …

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