It’s time to mark your calendars as Royal Mail has rolled out its “cut off” dates for Christmas deliveries, impacting UK households amid rising postal costs. In a recent notice, the mail service emphasised: “Allow plenty of time for posting. Please post items and gifts for Christmas early, particularly for …
Read More »UK's Royal Mail postal service braces for change after takeover by Czech billionaire is approved
Britain's government has given the go-ahead for the sale of Royal Mail's parent company to a Czech billionaire, paving the way for the postal … Source link
Read More »Daily first class mail service secured in £3.6 bn Royal Mail takeover
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Read More »UK clears Czech billionaire Daniel Kretinsky to buy Royal Mail
STORY: The British government approved a multi-billion dollar takeover of the country’s iconic postal service Royal Mail on Monday (Dec 16). EP Group – owned by Czech billionaire Daniel Kretinsky – has bid $4.5 billion for International Distribution Services – or IDS – which is Royal Mail’s parent. IDS agreed …
Read More »FTSE 100 Live 16 December: Royal Mail deal 'approved', Canal+ set to list
FTSE 100 Live 16 December: Royal Mail deal 'approved', Canal+ set to list. FTSE 100 Live. The Standard. Graeme Evans, Markets reporter … Source link
Read More »UK approves Daniel Kretinsky’s $6.7 billion bid for Royal Mail parent, FT reports
(Reuters) -The British government has approved Czech billionaire Daniel Kretinsky’s 5.3-billion-pound ($6.69 billion) takeover of Royal Mail owner International Distribution Services, the Financial Times reported on Monday. The approval is set to be announced as early as Monday morning, the report said, citing people familiar with the matter. International Distribution …
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 »Vince Cable warns against bid by the ‘Czech Sphinx’ for Royal Mail
The Czech Sphinx’s bid for Royal Mail has been condemned as seriously undervaluing the business. Former business secretary Vince Cable has warned the Government not to wave through the sale of the Royal Mail to Czech tycoon Daniel Kretinsky, citing his links to Russia and the high amount of debt …
Read More »‘Shocking’ cost of Royal Mail stamps sees people ditch Christmas tradition
Brits have been voicing their frustration over the “shocking” cost of Royal Mail stamps, which they believe is contributing to the plummeting sales of Christmas cards in 2024. Reports earlier this week indicated a 23% decrease in boxed card sales and a 15% fall in individual card purchases compared to …
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 …
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