73 per cent premium to pre-offer price Safeguards in place for next five years The parent company of Royal Mail, International Distribution Services (IDS), has struck a takeover deal with Czech billionaire Daniel Křetínský, having agreed to a “far-reaching package of legally binding” safeguards. EP Group, the European industrial giant controlled …
Read More »What went wrong for Royal Mail? How cuts to delivery days, second-class post and closed collection offices left Britain missing critical hospital appointments, without birthday cards and Christmas gifts – and what the £3.57bn Czech takeover means for YOU
Royal Mail’s latest £3.57 billion takeover bid by Czech billionaire Daniel Kretinsky’s EP Group comes against a backdrop of a £300 million operating loss, cuts to delivery days and missed targets. Royal Mail owner International Distribution Services has said it has agreed to an offer which would see EP Group …
Read More »Royal Caribbean cruise horror as passenger dies after ‘jumping’ from enormous Icon of the Seas ship
By Germania Rodriguez Poleo For Dailymail.Com Published: 08:38 EDT, 28 May 2024 | Updated: 14:33 EDT, 28 May 2024 A Royal Caribbean passenger has died after jumping from the world’s largest cruise ship. The unidentified man jumped over 80ft from the enormous Icon of the Seas soon after it departed …
Read More »Revealed: 85% of MailOnline readers believe Royal Family members should have to carry out National Service
Some 85 per cent of MailOnline readers believe Royal Family members should have to carry out National Service after Rishi Sunak revealed plans to revive the scheme. Prince George, Prince Louis, and Princess Charlotte could be forced to undertake the scheme when they turn 18 amid claims that the royals …
Read More »Companies roundup: Tory tax cuts & Royal Mail results
Tax cuts, International Distributions Services (IDS) and Ithaca Energy (ITH) Rishi Sunak is preparing a £2.4bn tax cut for pensioners, in a bid to boost his difficult election campaign. The Tories said, if they win the election, they would increase the personal tax allowance for pensioners every year, so it rises in …
Read More »Victorian Plumbing – sales flat, gross margin up
Free cash flow up by a third Increased proportion of own brand sales Victorian Plumbing (VIC) delivered flat half-year revenues on a like-for-like basis and a 2 per cent rise in completed orders through the period. That’s a reasonable enough outcome given where we are in the interest rate cycle, …
Read More »Get well, Kate! Palace is flooded with ‘tens of thousands’ of get-well-soon cards and gifts for the Princess of Wales as she continues cancer battle
By Rebecca English Published: 19:26 EDT, 27 May 2024 | Updated: 04:16 EDT, 28 May 2024 Buckingham Palace has been inundated with ‘tens of thousands’ of get well soon cards and gifts for the Princess of Wales, following her brave admission that she is undergoing cancer treatment. It is understood …
Read More »Tornadoes leave trail of death and destruction across parts of US
At least 18 people have been killed and hundreds are injured after powerful storms left a trail of destruction as they swept across parts of the central United States. The storms, which began on Saturday evening local time and continued into Sunday, inflicted their worst damage in a region spanning …
Read More »Minister refuses to rule out future king George and other royal princes and princesses being called up for National Service when they turn 18 amid row over Rishi Sunak’s election pledge to make teens spend a year in the military or do unpaid weekend work
Young royals including the future king George, Princess Charlotte and Prince Louis would be expected to do National Service alongside regular teenagers when they turn 18, a senior minister suggested today. Anne-Marie Trevelyan said ‘the vast majority of our young people’ would be expected to turn out for the mandatory …
Read More »Should the Royal Family be made to do National Service? Vote in our poll as minister refuses to rule out Prince George, Louis and Princess Charlotte being called up
Questions around whether the royal family should be made to partake in National Service have arisen after Rishi Sunak announced plans to revive the scheme. Prince George, Prince Louis, and Princess Charlotte will be expected to undertake the scheme when they turn 18, with details confirming that there will be …
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