Tag Archives: Post Office

The new government has only been in power for five minutes but they need to urgently halt the sale of our 500-year-old institution for £3.5bn to Czech tycoon who made his billions flogging Russian gas Czech businessman Daniel Kretinsky has bid £3.5bn for Royal Mail ( Image: AFP via Getty …

In addition to the cost savings, Royal Mail said the move will save around 30,000 tonnes of carbon dioxide per year and help it meet a target of achieving net zero emissions by 2040. The company’s delivery lorries run partly on hydrotreated vegetable oil – a renewable alternative to diesel …

The number of attacks by dogs on postal workers has increased in the past year, with 42 incidents every week, new research reveals. Royal Mail said there were 2,206 dog attacks in the year to March, an increase of 15% on the previous 12 months. Some of the attacks had …

Dear readers, to those who have quite rightly concluded in this silliest of silly seasons that the country is going to the dogs, apologies. It is time for a new metaphor of decline; Britain is for the birds. And I’m not even referring to Swiftmania; if only our ills really …

More than 20 investigations are ongoing into solicitors and law firms that worked for the Post Office in cases linked to the Horizon IT scandal, the Solicitors Regulation Authority (SRA) has said. The SRA is investigating the strategy and conduct used by Post Office or Royal Mail Group solicitors during …

Lawyers who fought in a lengthy case against hundreds of subpostmasters led by Sir Alan Bates are being questioned over their role in the Post Office Horizon inquiry Barrister Anthony de Garr Robinson KC is giving evidence The lengthy inquiry into the Post Office Horizon scandal continues – as lawyers …

Mr Kretinsky may not even be that interested in Royal Mail. Some observers, including The Spectator’s Martin Van der Weyer, think that his real interest is in GLS, the profitable Dutch postal delivery service also owned by Royal Mail’s parent company. Once he’s got that, he may offload Royal Mail. …

EP Group made a number of other legally-binding undertakings to the Government as part of the bid. These include maintaining key services under Royal Mail’s universal service obligation for the next five years, such as the one-price-goes-anywhere system and Saturday deliveries for first class post. Mr Kretinsky has agreed to …

The takeover deal will still need to be approved by International Distribution Services (IDS)’s shareholders at the September annual general meeting. ADVERTISEMENT The owner of Royal Mail confirmed on Wednesday that it had accepted a £3.6 billion ($4.6 billion) takeover offer from the Czech investor, Daniel Křetínský. Under the deal, Křetínský’s …

The takeover of International Distribution Services (IDS), the parent firm of Royal Mail, was completed this week after the conclusion of discussions that began in April. The IDS board had said it was “minded to” accept a bid at the price agreed on Wednesday, which is 370p per share.  Keith Williams, …