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 …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
After the mayhem, the search for bargains begins. There was an abrupt sell-off in global stock markets this week, sparked by fears of a US recession and the unwinding of bets on the Japanese currency, the yen. But, while volatility may continue, the audacious seem keen to scout out opportunities …
Read More »
Women have made big strides in the once male-dominated world of insurance. Aviva, the FTSE 100’s biggest insurer, is led by Amanda Blanc, one of the City’s most respected bosses. Admiral is run by Milena Mondini de Focatiis. Even Lloyd’s of London, the venerable insurance market, has had a female …
Read More »
Women have made big strides in the once male-dominated world of insurance. Aviva, the FTSE 100’s biggest insurer, is led by Amanda Blanc, one of the City’s most respected bosses. Admiral is run by Milena Mondini de Focatiis. Even Lloyd’s of London, the venerable insurance market, has had a female …
Read More »
Andrew Bailey has vowed to lead the Bank of England for four more years, defying a string of calls from critics to resign. The Governor has faced accusations of being too slow to raise interest rates to curb runaway inflation – and then erring in the opposite direction by keeping …
Read More »
By John Abiona Updated: 16:50 EDT, 2 August 2024 Ploughing savers’ money into British infrastructure and private equity risks undermining the primary role of pensions, a major mutual insurer has warned. Barry O’Dwyer, chief executive of Royal London, said he is ‘nervous’ about Labour’s proposal to shake-up the pensions industry. …
Read More »