The sale of Royal Mail to Czech billionaire Daniel Kretinsky has been approved by the government. Mr Kretinsky‘s company EP Group will buy the postal service’s parent company International Distribution Services (IDS). The £5.3bn deal had been agreed in May but was subject to a government review under national security …
Read More »Labour ministers approve £3.6billion takeover of Royal Mail by Czech billionaire Daniel Kretinsky’s EP Group
By CALUM MUIRHEAD CHIEF CITY REPORTER Published: 18:48 EST, 15 December 2024 | Updated: 19:14 EST, 15 December 2024 Royal Mail’s takeover by a Czech billionaire has been approved by ministers, it was reported last night. It means that Britain’s postal service — which traces its lineage back to Henry …
Read More »King Charles is furious with Prince Andrew over ‘Chinese spy’ crisis that has made entire Royal Family ‘look bad’, insiders reveal
The King is understood to be furious that Prince Andrew has plunged the monarchy into a major scandal – with his relationship with an alleged Chinese spy tarnishing the reputation of the entire Royal Family. A source, however, said that, despite his frustration with the Duke of York, Charles has …
Read More »Prince Andrew ‘could be barred from walking to church with royal family on Christmas morning’ as controversy rages over links to ‘Chinese spy’
Prince Andrew ‘could be barred from walking to church with the Royal Family on Christmas morning as controversy rages over his alleged links to a ‘Chinese spy’. The Duke of York’s appearance at the family’s annual Christmas Day walk from the church is thought to have been thrown into doubt …
Read More »Chemring and FIH Group: Stock market week ahead – 16-20 December
Welcome to the week ahead, our summary of the forthcoming key company announcements. Companies are no longer obliged to notify the London Stock Exchange (LSE) of results and trading updates, so this list does not claim to be comprehensive. You can read company announcements at http://announce.ft.com and our daily online news summaries …
Read More »Christmas postal chaos ‘worst in decades’ as Royal Mail staff reveal delivery service is struggling with festive demand after being hit with record £10million fine
By ANDY JEHRING Published: 19:04 EST, 13 December 2024 | Updated: 20:39 EST, 13 December 2024 The Royal Mail is struggling with festive demand as workers claim it prioritises Amazon Prime over cards and hospital scans. Posties say sorting offices are the ‘worst in decades’ with letters piling up as …
Read More »Companies roundup: Rio, Royal Mail & De La Rue
Rio Tinto (RIO), International Distribution Services (IDS), De La Rue (DLAR), Chapel Down (CDGP), new builds and Kosmos Energy (KOS) Rio Tinto (RIO) surprised the mining world in October with its $6.7bn (£5.3bn) buyout of Arcadium Lithium (US:ALTM), confirming a bullish outlook for the battery metal. It’s not so much of a shock then …
Read More »‘Dozens of people’ being investigated over Post Office scandal, police chief reveals
Police are investigating “dozens of people” at the Post Office and Fujitsu, the head of a nationwide operation has announced. A team of 100 officers nationwide are looking at potential suspects and their involvement in the Post Office scandal. Hundreds of sub-postmasters were wrongly prosecuted for stealing from their branches …
Read More »Prince Harry will be ‘outraged’ by Prince William’s meeting with Donald Trump: Royal experts say Duke of Sussex will be ‘worried’ about private talks in Paris amid ongoing US visa row
Donald Trump’s meeting with Prince William will have both ‘outraged’ and ‘worried’ Prince Harry, it was claimed today. Royal experts have said it is not out of the question that President-elect Trump raised the Prince of Wales’s estranged brother and Meghan Markle in private talks at the UK Ambassador’s residence …
Read More »Deadline for sending Christmas post revealed: How to make sure YOUR loved ones receive their presents on time
Britons are being urged to post Christmas gifts as soon as possible after yesterday was the Post Office’s busiest day across UK branches for sending parcels and posts. Royal Mail last posting dates for inland mail are confirmed as Wednesday, December 18 for second class and Friday, December 20 for …
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