The British government has been granted a golden share in the recently-sold Royal Mail in a bid to keep it in the UK. Royal Mail’s sale to Czech billionaire Daniel Kretinsky’s EP Group was ...
The takeover approach attracted significant scrutiny this year, and needed to be sanctioned by the government given the national importance of Royal Mail and the postal service in the UK.
Britain's centuries-old Royal Mail is set to pass into foreign ownership after the UK government Monday approved the takeover of its parent company by Czech billionaire Daniel Kretinsky's EP Group.
However, the Conservatives sold the government’s final shares in Royal Mail in 2015. Justin Madders, UK minister for employment rights, competition and markets, said in statement to the UK ...
"Royal Mail’s poor service is now eroding public trust in one of the UK’s oldest institutions. This is the second time we’ve fined the company since the pandemic." Costs for the public have ...
The brand name and Royal Mail’s headquarters and tax residency in the UK for the next five years. Mr Reynolds said: "For too many years progress on securing a stable future at Royal Mail has ...