Tag Archives: Royal Mail

Apollo and Evri expect the deal to complete later this year. The announcement comes after weeks of speculation over the future of Evri.  Advent International, another American buyout fund, put the company up for sale earlier this year. The auction has attracted a series of suitors including rival delivery company …

Travellers could be losing a collective £845million in fees from using their bank card abroad. A study, of 2,000 holidaymakers, found 45 per cent incurred charges for using their bank card outside of the UK in the last 12 months, with the average annual bill coming in at £21.79 each. …

Royal Mail plc (LON:RMG – Get Free Report) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 207 ($2.68) and traded as high as GBX 207 ($2.68). Royal Mail shares last traded at GBX 207 ($2.68), …

Kretinsky’s ambitious plans have been backed up by a fevered acquisition spree that has accelerated since 2018, when the tycoon began to diversify his business away from energy. This week, Fnac tabled a €249m (£210m) offer to buy Italy’s Unieuro in a deal that would create a major new player …

Heptonstall, a village perched above Hebden Bridge, is often seen on TV, usually standing in for other locations. Despite changes in its residents’ wealth, the village’s aesthetic remains largely unchanged from 200 years ago, making it a popular choice for TV and film producers. Most recently, it was used in …

People are being warned against a ‘Royal Mail scam’ appearing in inboxes. Facebook page, ‘Lancashire Trading Standards Scambuster Stan’, posted an example of the message to advise followers to stay vigilant. The email purports to be Royal Mail, stating the recipient has failed to receive a ‘large letter’ from HM …

The pro-business agenda of Starmer’s incoming Labour government was typified by its pre-election backing for Royal Mail’s takeover by billionaire Daniel Kretinsky. Labour’s Business Secretary Jonathan Reynolds has worked closely with Communication Workers Union (CWU) officials led by Dave Ward, supporting their policy of “engagement” with Kretinsky’s EP Group to …

Royal Mail has issued a crucial update on whether the postal firm will keep its six day service. The postal service’s owner International Distribution Services agreed to a £3.57billion takeover offer from Czech billionaire Daniel Kretinsky’s EP Group in May. In an interview with the BBC, Mr Kretinsky said he …

The prospective new owner of Royal Mail has vowed to still deliver letters six days a week throughout the UK. The postal service’s owner International Distribution Services (IDS) agreed to a £3.57 billion takeover offer from Czech billionaire Daniel Kretinsky’s EP Group in May. The move will see it taken …

The new owner of Royal Mail has vowed to keep delivering letters six days a week in an attempt to quash concerns that the service could be reduced.  Daniel Kretinsky, the Czech billionaire who is buying Royal Mail’s parent company International Distribution Services (IDS) for £3.6bn, said he would not …