By ALEX BRUMMER FOR THE DAILY MAIL Updated: 17:05 EST, 2 January 2025 Europe has done a terrific job in unhinging itself from Russian gas supplies since the start of the Ukraine war. The Kremlin’s share of the gas market has plummeted from 35 per cent to 8 per cent as users …
Read More »More than 400 pubs closed this year and those left standing face growing pressures caused by the Budget
By THIS IS MONEY Updated: 05:39 EST, 30 December 2024 More than 400 pubs across England and Wales were demolished or converted to another use over the last year, fresh figures show. Government data analysed by commercial real estate specialist Altus Group shows the number of pubs across the country …
Read More »Labour’s business naivety is palpable, says ALEX BRUMMER
By ALEX BRUMMER Updated: 04:56 EST, 27 December 2024 Keir Starmer’s government doesn’t get business. Forget the pre-election hoopla of cosying up to enterprise and the £63billion of pledges made at the October 2024 investment summit. Starmer and the Chancellor Rachel Reeves are clueless on how to fulfil the growth …
Read More »Royal Mail takeover receives national security thumbs up
Royal Mail’s parent company agreed in May to a £3.6bn acquisition by EP Group Pat McFadden, Chancellor of the Duchy of Lancaster, has approved the deal By HARRY WISE Updated: 08:02 EST, 20 December 2024 Daniel Kretinsky’s acquisition of Royal Mail is getting closer to realisation after gaining national security …
Read More »We MUST stop this Royal Mail heist: Six reasons why sale to Czech tycoon is bad for investors, bad for customers and bad for Britain
The postie, in his all-weather shorts, is so much-loved in one Hertfordshire village that each Christmas residents buy him a £500 gift voucher, plus champagne and chocolates. At this festive season, love it or hate it, the Royal Mail is an enduring feature of our lives. Whether one is queueing …
Read More »A first-class farce: With stamps now costing £1.65 each, we sent 100 cards to test the Christmas post
Millions of us are posting presents and cards to loved ones across the UK and crossing our fingers that they will arrive by Christmas within the timeframes promised by Royal Mail. But will they? Money Mail decided to find out. We sent 100 Christmas cards to family and friends around …
Read More »Taxpayer will be at risk if the Royal Mail deal goes horribly wrong, says ALEX BRUMMER
By ALEX BRUMMER FOR THE DAILY MAIL Updated: 17:14 EST, 17 December 2024 Among the more bizarre aspects of the deal carved out by Czech billionaire Daniel Kretinsky with the Government and Royal Mail is the use of a ‘golden share’. Such shares protect strategic assets from foreign marauders. Among …
Read More »What Royal Mail sale means for YOU: From a ‘one-price-goes-anywhere’ service to delivery days as takeover is approved
The 500-year-old postal service is set to be snapped up in a £3.6bn deal By SAM BARKER Updated: 12:14 EST, 16 December 2024 Royal Mail is set to be taken over by Czech billionaire Daniel Kretinsky – leaving households wondering what the deal means for them. Royal Mail is currently …
Read More »Canal+ premiere on London Stock Exchange boosts struggling market
Shares will provide a much-needed lift to City London on course for worst year for corporate exits since financial crisis Canal+ expected to secure value of up to £5bn when its shares begin trading By CALUM MUIRHEAD Updated: 22:07, 15 December 2024 French TV and film giant Canal+ will make …
Read More »Vince Cable urges Labour to block Royal Mail takeover bid
Cable said Ministers should be cautious about bid from Daniel Kretinsky Former Lib Dem Minister Cable was in charge of privatising Royal Mail in 2013 He sold it for £3.3 billion, or £3.30 a share By CALUM MUIRHEAD Updated: 16:53 EST, 14 December 2024 Labour has been warned this weekend …
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