By Alex Brummer for the Daily Mail Updated: 17:00 EDT, 23 September 2024 Until quite recently, there was an unhelpful habit of UK company boards rapidly buckling when faced with overseas and private equity takeovers. There would be dire warnings from fee-hungry investment banks that failure to accept seemingly generous …
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By Jessica Clark Updated: 16:51 EDT, 14 September 2024 Royal Mail’s owner has been accused of ‘rewarding failure’ as it plans to boost its boss’s bonus amid a controversial takeover by a Czech tycoon. International Distribution Services (IDS) will this month ask shareholders to approve hiking Martin Seidenberg’s maximum award …
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2,800 jobs could be axed in switch to less carbon-intensive electric arc furnaces By John Paul-ford Rojas and Emily Hawkins Updated: 18:14 EDT, 7 September 2024 A £500million state rescue deal for Tata Steel’s Port Talbot plant will be confirmed this week. Business Secretary Jonathan Reynolds will give the Government’s …
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De Beers float could be scuppered by weak demand for natural diamonds By John Abiona Updated: 18:26 EDT, 7 September 2024 Plans to float De Beers could be scuppered by weak demand for natural diamonds. Speculation comes just three months after FTSE 100 miner Anglo American announced its diamond business …
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By Alex Brummer for the Daily Mail Updated: 18:13 EDT, 7 September 2024 Last month, my 96-year-old relative, an Auschwitz survivor, was finally discharged from the bright new Louisa Martindale building at the Sussex County Hospital after a five-week stay. As so often before, her fighting spirit prevailed over a …
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Shareholders sent offer document on June 26 but the document was 140 pages By Jessica Clark Updated: 17:00 EDT, 7 September 2024 Another storm of protest is rising over the controversial takeover of Royal Mail by the Czech billionaire Daniel Kretinsky. The delivery firm’s owner International Distribution Services (IDS) has …
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Remember the Royal Mail? It was back on May 15, when the Tories were in Downing Street, that the flaccid board of International Distribution Services (IDS), owner of the Royal Mail, decided to hand the keys of Britain’s 500-year-old postal service to a Czech billionaire Daniel Kretinsky and his shadowy …
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I sell vintage signs and other interesting items online. In May this year, a buyer purchased a rare enamel Duckhams motor oil sign with a working thermometer attached for £365. I posted it using Evri’s next-day delivery service and paid £7.78. A few days later, I was told Evri couldn’t …
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It is tragic to learn that Mike Lynch, one of Britain’s most brilliant tech entrepreneurs, and his 18-year-old daughter are still missing after his luxury super yacht was hit by a freak storm off the coast of Sicily yesterday morning. So far one person has been confirmed dead, and four …
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You are more likely to get divorced than change your bank account. Millions of savers will never switch banks, entrusting their money with one organisation for life. But for those who do switch, there are huge rewards to be snapped up. A range of ‘switching bonus’ offers have become available …
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