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 »Local councils urged to save Woodsmith workers at Anglo American
The Mail revealed earlier this month that more than 1,000 roles could be cut By Francesca Washtell Updated: 22:01, 1 June 2024 Councils must do everything to help workers who are laid off at Anglo American’s mine in North Yorkshire into new jobs, a former secretary of state has insisted. …
Read More »JD Sports shares plummet as ‘challenging market’ puts a dent in profits
By Angharad Carrick Updated: 04:34 EDT, 31 May 2024 JD Sports shares tumbled on Friday morning after the retailer revealed a dip in profits, despite the group boasting a ‘strong performance in a challenging market’. The sports fashion retailer’s revenues ticked 2.7 per cent higher to £10.4billion in the year …
Read More »Britain will pay a heavy price for Hunt’s Royal Mail blunder, says ALEX BRUMMER
By Alex Brummer for the Daily Mail Updated: 17:01 EDT, 30 May 2024 Jeremy Hunt is having a good election campaign in difficult polling circumstances. He has forced Shadow Chancellor Rachel Reeves on to the back foot on VAT. His approach, however, to the impending disposal of the Royal Mail …
Read More »Tories to keep close eye on Kretinsky over pledge to protect Royal Mail
By John-Paul Ford Rojas Updated: 17:00 EDT, 30 May 2024 Chancellor Jeremy Hunt has piled pressure on ‘Czech Sphinx’ Daniel Kretinsky after his £3.6billion bid for Royal Mail sparked fears over the future of the 508-year-old postal operator. Hunt said regulators should look ‘very carefully’ at five-year undertakings made by …
Read More »Royal Mail’s shameful sale: Debt-fuelled deal is bad for Britain, says ALEX BRUMMER
By Alex Brummer for the Daily Mail Updated: 17:02 EDT, 29 May 2024 The surrender of the board of Royal Mail owner International Distribution Services (IDS) to the blandishments of Czech billionaire Daniel Kretinsky is a national disgrace. An IDS board, stuffed with the great and the good including chairman …
Read More »City fails to back £3.6bn Royal Mail takeover – despite parent company’s board agreeing to the deal
By John-Paul Ford Rojas Updated: 03:08 EDT, 30 May 2024 ‘Czech Sphinx’ Daniel Kretinsky’s £3.6billion swoop for Royal Mail’s parent company has failed to win over the City – despite the company’s board agreeing to the deal. Shares in International Distribution Services rose 4.3 per cent, or 13.8p, to 335p …
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