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Tag Archives: thisismoney

Future Royal Mail owner suffers £3bn blow

By CALUM MUIRHEAD Updated: 16:50 EDT, 12 April 2025 The Czech tycoon taking over Royal Mail in a controversial debt-fuelled deal has suffered a £3 billion blow after profits plunged at his energy empire. Daniel Kretinsky will this month become the first overseas owner of the postal service in its …

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ALEX BRUMMER: Last hurrah for Royal Mail

By ALEX BRUMMER Updated: 16:50 EDT, 6 April 2025 The Trump tariff war is a strong reminder of how critical it is to UK plc to preserve command and control of our economy. The blitz of trade actions from the White House obscured a regulatory filing which will have an impact on …

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Morrisons says it needs to save £1bn to deal with rising costs

By MIKE SHEEN Updated: 09:12 EDT, 26 March 2025 Morrisons has boosted its medium-term savings target to £1billion, as the supermarket faces growing costs and the lingering impact of a major cyber security incident. The retailer’s chief executive Rami Baitiéh has previously warned of an ‘avalanche of costs’ arrising from …

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