By JESSICA CLARK Updated: 16:50 EDT, 20 June 2025 Royal Mail’s boss has quit weeks after the postal service fell into foreign hands for the first time in its 509-year history. In a move that caught the business world by surprise, Emma Gilthorpe left having been appointed chief executive a …
Read More »Last post for the letter as Royal Mail falls into foreign hands?
Prepare to say a long farewell to the birthday card, the thank-you note and the love letter. The get-well card is set for a terminal decline. Letter-writing has been a dwindling art for some time, but the takeover of the Royal Mail by Czech tycoon Daniel Kretinsky looks set to …
Read More »Why did NS&I name the precise town where the most recent £1m Premium Bonds jackpot winner came from?
In the most recent Premium Bonds draw, I noticed that one of the £1million jackpot winners was from Stockport, Greater Manchester. However, I was under the impressions that usually it’s the county that is named, not the exact location. Looking through the list I see Hertfordshire, Devon, Kent, Wales… but …
Read More »Folly of funny money deals: A market solution would be best for Thames Water, says ALEX BRUMMER
By ALEX BRUMMER FOR THE DAILY MAIL Updated: 17:11 EDT, 3 June 2025 As a long-standing critic of private equity pillage, I should be cheering from the rooftops at the decision by KKR to pull out of its proposed rescue of Thames Water. Yet given the ghastly legacy of financial …
Read More »Ex-minister Greg Hands to advise Royal Mail after takeover by ‘Czech Sphinx’ billionaire
By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:00, 2 June 2025 A former trade minister has been appointed as an adviser to the new owner of Royal Mail. Greg Hands, who lost his seat as a Conservative MP in last year’s election, will advise Daniel Kretinsky’s EP Group on …
Read More »Insurance group from Japan buys 15% slice of M&G
By EMILY HAWKINS Updated: 21:50, 30 May 2025 M&G has sold a 15 per cent stake to one of Japan’s biggest life insurers in a partnership deal. Shares in the financial group rallied yesterday after it announced that Dai-ichi Life is now its largest shareholder in a long-term tie-up. The …
Read More »Insurance group from Japan buys 15% slice of M&G
By EMILY HAWKINS Updated: 16:50 EDT, 30 May 2025 M&G has sold a 15 per cent stake to one of Japan’s biggest life insurers in a partnership deal. Shares in the financial group rallied yesterday after it announced that Dai-ichi Life is now its largest shareholder in a long-term tie-up. …
Read More »Boss of Worms video game maker exits after rebrand
Everplay rebranded from Team17 in March this year By MIKE SHEEN Updated: 05:04 EDT, 16 May 2025 Shares in London-listed indie video games maker Everplay fell on Friday as it revealed chief executive Steve Bell has left the firm after less than two years in charge. Everplay, which rebranded from …
Read More »Evri to merge with DHL’s UK e-commerce business
German delivery giant buys ‘significant’ minority stake in Evri owner Apollo Evri will enter the business letter market for the first time post merger By MIKE SHEEN Updated: 06:51 EDT, 14 May 2025 Evri is set to merge with German delivery giant DHL’s UK economerce business, creating one of the …
Read More »AstraZeneca and GSK in the firing line as Trump targets big pharma: ALEX BRUMMER
The velocity of the zigzags in Trump trade mayhem is remarkable. No one expected US peace in our time at the Geneva talks with China at the weekend, but what emerged is better than predicted. Just over a month after ‘Liberation Day’, the core tariff conflict between the US and …
Read More »