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Tag Archives: moneymarkets

Royal Mail takeover receives national security thumbs up

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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Ofcom fines Royal Mail £10.5m for late deliveries

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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Last hope of Royal Mail rescue lies in… Brussels

Investigation by EU competition watchdogs into Daniel Kretinsky Scrutiny of Kretinsky’s business links to Russia intensifies Czech wants to snap up Royal Mail in £3.6bn deal  By MARK SHAPLAND Updated: 21:50, 30 November 2024 Royal Mail could be saved from a rapacious takeover bid by Daniel Kretinsky by European Union competition …

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