Privatisation of Royal Mail is one of the biggest scandals of recent times The obvious and right answer is to renationalise Royal Mail But a Tory or a Labour government are unwilling to contemplate this By Dave Ward Updated: 16:55 EDT, 9 June 2024 Perhaps it seems highly unusual for …
Read More »I hold shares in a takeover bid company – what happens next and how can I have my say?
By Jessica Clark Updated: 05:45 EDT, 8 June 2024 I hold shares in a company that has become the target of a takeover bid. The shares have since jumped as the bid was at a premium. What happens next and how can I have my say on whether the takeover …
Read More »MARKET REPORT: Hangover for cider seller as boss makes shock exit
By John Abiona Updated: 16:50 EDT, 7 June 2024 Early summer is normally when cider sales start to spike as drinkers try to quench their thirsts. But for the seller of Bulmers and Magners this season could be one to forget. Today, the company’s shares plunged after its chief executive …
Read More »Royal Mint reports huge spike in gold sales after election was called as investors look to keep their cash safe
Upcoming election has prompted many to turn to gold Britons are buying the precious metal as a safe haven By Sam Barker Updated: 05:26 EDT, 7 June 2024 Britons are flocking to buy gold and other precious metals following the announcement of the general election, The Royal Mint says. Prime …
Read More »A first-class fiasco: Politicians set to wave through disastrous Royal Mail takeover
By Alex Brummer Updated: 17:00 EDT, 4 June 2024 Amid the furore of an election campaign, in which the desire to be seen as business friendly and pro-economic growth have been dominant themes, the future of the Royal Mail, a vital part of the nation’s infrastructure, barely has featured. The …
Read More »Ownership of Royal Mail should be a top election issue, says ALEX BRUMMER
By Alex Brummer for the Daily Mail Updated: 17:01 EDT, 3 June 2024 Of all the takeover battles on the table at present, there is none more significant to Britain than the proposed £3.6billion sell-off of International Distribution Services, the owner of the Royal Mail, to Czech billionaire Daniel Kretinsky. …
Read More »Private equity titan Blackstone raises bid for Hipgnosis music fund to 103p a share
By Leah Montebello Updated: 22:01, 3 June 2024 On song: Hipgnosis, which owns the rights to catalogues from the likes of Beyonce (pictured), at £1.25bn A private equity titan has sweetened its offer for Hipgnosis as it tries to get a takeover deal over the line. Blackstone upped its offer …
Read More »More than a fifth of driving tests are now for automatics – are they easier to pass?
More than a quarter of learners will take their driving test in an automatic car by 2026, as an increasing number of budding motorists won’t care to learn how to change gear in preparation for the electric vehicle revolution. So far this year, 22 per cent of all tests carried …
Read More »Fidelity won’t let me do a partial transfer of my stocks and shares Isa – what can I do?
I’ve been investing monthly into a Fidelity stocks and shares Isa across four different funds for the past 25 years. My plan was that as I got older and the Isa got fat, I’d sell some of the funds on a high note and ‘Isa transfer’ the cash to other, …
Read More »Daniel Kretinsky: I can’t make promises on Royal Mail stamp prices
Billionaire suggests costs could continue to spiral in coming years Price of a first-class stamp has risen from 67p in 2018 to £1.35 today IDS accepted £3.6bn offer from Kretinsky after he made series of commitments By Leah Montebello Updated: 16:51 EDT, 2 June 2024 Looking ahead: Daniel Kretinsky The would-be …
Read More »