By Alex Brummer for the Daily Mail Updated: 17:03 EDT, 22 April 2024 Andrew Bailey has had little to celebrate of late. He has suffered the slings and arrows of the barbed Bernanke report on Bank of England forecasting and indiscriminate fire from former Prime Minister Liz Truss. Amid the …
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By Jessica Clark Updated: 17:03 EDT, 22 April 2024 Takeover battle: Royal mail wants permission to cut second class deliveries Royal Mail has urged regulators to allow it to cut second class deliveries as it tries to fight off a takeover by a billionaire dubbed the ‘Czech Sphinx’. Parent company …
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Bosses understood to be in regular talks about Daniel Kretinsky’s approach One of the top shareholders, Redwheel, broke cover to oppose the offer Royal Mail rejected the £3.2bn bid – or 320p per share – from Kretinsky By Jessica Clark Updated: 16:53 EDT, 21 April 2024 Royal Mail will hold …
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By Patrick Tooher Updated: 06:53 EDT, 21 April 2024 The Government left Royal Mail vulnerable to predators by delaying reforms to the postal service, senior company insiders believe. Royal Mail’s owner International Distributions Services last week rejected as ‘opportunistic’ a £3.1 billion takeover approach from Czech billionaire Daniel Kretinsky. Dubbed …
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By Anne Ashworth Updated: 03:23 EDT, 20 April 2024 Glamorous: Jourdan Dunn and Kate Moss apply Charlotte Tilbury lipstick Cosmetics and skincare stocks should be an easy way to beautify a portfolio. After all, these companies are players in a high-margin £230billion global market whose wares are persuasively promoted on …
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The bookmaker says it will return to year-on-year growth in second quarter Investors are concerned about regulatory issues and the firm’s debt pile By Mike Sheen Updated: 04:43 EDT, 19 April 2024 Bookmaker 888 beat revenue forecasts in the first three months of the year thanks to a bounce in …
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By Alex Brummer In Washington and Jessica Clark Updated: 17:00 EDT, 18 April 2024 The Chancellor has voiced concerns over the proposed takeover of Royal Mail by a billionaire dubbed the ‘Czech Sphinx’ in a sign that a deal could be blocked. As analysts suggested that tycoon Daniel Kretinsky would …
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By Alex Brummer for the Daily Mail Updated: 17:00 EDT, 18 April 2024 The main focus for the Western democracies at this finance gathering has been Ukraine in spite of the conflagration in the Middle East. The worry for the UK and Europe is that, unless new resources are released, …
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By Jessica Clark Updated: 17:00 EDT, 17 April 2024 A billionaire dubbed the ‘Czech Sphinx’ has launched an audacious swoop on Royal Mail that could see the 508-year-old postal service fall into foreign hands. Daniel Kretinsky, who co-owns West Ham United and has a stake in Sainsbury’s, has already seen …
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Britain being flooded with as many as one million fake stamps a week from China By Toby Walne Updated: 17:28 EDT, 16 April 2024 Money Mail today demands that Royal Mail stops fining thousands of innocent people with a £5 penalty for receiving mail with a counterfeit stamp. We insist …
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