The potential for asset sales should be a genuine concern too. Both Royal Mail shareholders and experts believe Kretinsky could be getting his hands on one of the biggest corporate property portfolios in Europe – an estate of prime sites situated in towns up and down the country – on …
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The figures preceded a flurry of interest in UK-listed companies in recent months, including Royal Mail and Anglo American. Source link
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Royal Mail has said its sale to the Czech billionaire Daniel Kretinsky risks triggering a financial squeeze, raising fresh fears about the potential threat to the postal service from his debt-fuelled takeover. Parent company International Distribution Services (IDS) has said that nearly £2.4bn of loans could be called in as …
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The Royal Mail has broken its silence after being accused of stopping deliveries and post on streets and roads where dogs bark. The Royal Mail is stopping delivering to a street in Shropshire “because of barking dogs” say furious locals. Royal Mail has stopped delivering mail to a street of …
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An army veteran whose daughter went missing more than 40 years ago has attempted to hand back his military medals at Downing Street in a protest against failings in the police investigation. Richard Lee’s daughter Katrice disappeared near a British Army base in Paderborn, Germany, on November 28 1981 – …
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The historically safe Conservative seat of Devon South West will, for the first time since being won by Gary Streeter in 1997, be up for grabs – and Julian Brazil intends to secure it for the Lib Dems. He resides in the village of East Prawle in the constituency South …
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A postbox topper in a Nottinghamshire town has been deemed an “unacceptable act of intimidation” by local councillors. The knitted topper, which was placed on a Royal Mail box in Beeston on Saturday, June 1, was swiftly removed by locals who saw its “woman adult female” stitching as a pointed …
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If you see the words “daffodil” and “poetry” in the same sentence you might well think of William Wordsworth wandering about the Like District with his sister Dorothy and being confronted by a trumpeting host of golden blossoms. But if you’ve been to a daffodil weekend in Dymock, or its …
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Former Royal Mail boss Rico Back has thrown his weight behind Daniel Křetínský’s bid to take over the business, claiming the troubled postal giant “cannot go on like it did”. Mr Back, who was chief executive of Royal Mail from 2018 to 2020, told The Telegraph that the deal would …
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By Leah Montebello, Business Reporter Published: 19:37 EDT, 31 May 2024 | Updated: 19:53 EDT, 31 May 2024 Royal Mail is facing a ‘death spiral’ over its obligation to deliver post six days a week, according to would-be owner Daniel Kretinsky. The billionaire – nicknamed the Czech Sphinx – described …
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