Investigation by EU competition watchdogs into Daniel Kretinsky Scrutiny of Kretinsky’s business links to Russia intensifies Czech wants to snap up Royal Mail in £3.6bn deal By MARK SHAPLAND Updated: 21:50, 30 November 2024 Royal Mail could be saved from a rapacious takeover bid by Daniel Kretinsky by European Union competition …
Read More »
I am 60 and have £800,000 in a self-invested personal pension that I have built up to fund my retirement. This is the only pension that I have, while my wife has a final salary pension worth roughly £30,000 a year. We have both semi-retired and earn about £20,000 a …
Read More »
By CALUM MUIRHEAD Updated: 17:03 EST, 28 November 2024 The Czech billionaire bidding for Royal Mail could win approval for the deal from ministers in the next two weeks – raising fears over further stamp price rises. Daniel Kretinsky, who swooped with a £3.6billion offer, has agreed extra concessions for …
Read More »
By ALEX BRUMMER FOR THE DAILY MAIL Updated: 17:03 EST, 28 November 2024 Jonathan Reynolds ought to be careful what he wishes for. His House of Commons description of Royal Mail predator Daniel Kretinsky as a legitimate business person is hostage to fortune. We have discovered since this Labour government …
Read More »
By ALEX BRUMMER FOR THE DAILY MAIL Updated: 22:00, 27 November 2024 The turnaround at Aviva under the stewardship of chief executive Amanda Blanc has been extraordinary. Superfluous overseas businesses have been sold, cash returned to shareholders and Blanc has built up a war chest for investment. The decision to …
Read More »
By CALUM MUIRHEAD Updated: 17:20 EST, 26 November 2024 The Business Secretary appeared to shrug off concerns about the looming takeover of Royal Mail by a Czech energy tycoon. Jonathan Reynolds told MPs that billionaire Daniel Kretinsky, who swooped on Royal Mail with a £3.6billion bid earlier this year, was …
Read More »
We live in scary times – some would say the most frightening since the missile crisis of 1962, when the world was brought to the brink of nuclear war over the Soviet Union’s decision to deploy weapons of mass destruction in Cuba. Thankfully, catastrophe was averted. This time around, it …
Read More »
By ALEX BRUMMER FOR THE DAILY MAIL Updated: 02:25 EST, 22 November 2024 A perennial complaint, often heard, is the lack of towering figures and the contested battles which once dominated the City. The likes of Mrs Thatcher’s favourites Lord Hanson and Lord King of BA and the politically savvy …
Read More »
By CALUM MUIRHEAD Updated: 17:01 EST, 21 November 2024 Royal Mail has warned of more price hikes as a result of the Chancellor’s National Insurance raid. Martin Seidenberg, head of parent company International Distribution Services (IDS), said it would need to raise prices to offset a £120million hit from measures …
Read More »
By JANE DENTON Updated: 05:50 EST, 21 November 2024 Further Royal Mail price hikes could be on the cards after the owner of the postal service flagged greater cost pressures arising from the Autumn Budget. International Distribution Services said it could not rule out price hikes and greater use of …
Read More »