Tag Archives: Standard

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 …

The economist added: “That may not seem like a big increase, but it is 19pc higher than seemed likely a few weeks ago, and 12pc higher than the one we’re currently in. If you are looking for one reason why Rishi Sunak surprised us all by calling an early election …

There is, equally, the argument that companies are developing better and better drugs, ones that help treat more than just people’s weight but also other conditions. Zealand Pharma, which is working on weight-loss pills, said its focus is not purely on helping people shed more pounds. Chief executive Adam Steensberg …

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 …

In addition, EP Group is in talks with union bosses about a profit-sharing scheme that would see employees handed bonuses if the company meets key financial and delivery targets. The Czech billionaire’s debt-fuelled swoop has also sparked concerns about soaring interest payments that could hurt the postal service’s bottom line.  …

Sir Jim Ratcliffe, the billionaire industrialist and co-owner of Manchester United, last month ordered the football club’s staff to return to the office full time or seek “alternative employment”. Calls to get people back into the office have also been echoed by senior politicians. Last year, Jeremy Hunt, the former …

While more than half currently carry the late Queen’s EIIR crest, some 15 per cent still display the mark of George V, who reigned from 1910 to 1936, while others are said to date back to Edward VII and even Queen Victoria’s reign. The King’s cypher features his initials, CIII, …

Microsoft has told staff they will be able to pick up iPhones at various offices in China and Hong Kong to replace Android devices such as those made by Huawei and Xiaomi. Multinationals have introduced increasingly strict protocols for staff when visiting or working in China.  Consultancies Deloitte and KPMG …

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 …

A Tory candidate who was defeated by just 15 votes is considering taking legal action over alleged postal vote chaos in his constituency. Ameet Jogia, who was defeated by his Labour rival in the north London constituency of Hendon, may launch a judicial review against Barnet Council. Mr Jogia, a …