Bussiness

Who owns Royal Mail? Foreign takeover confirmed

Posted by May 29, 2024

The takeover of International Distribution Services (IDS), the parent firm of Royal Mail, was completed this week after the conclusion of discussions that began

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Who is ‘Czech Sphinx’ and potential new Royal Mail boss…

Posted by May 29, 2024

Daniel Kretinsky is on the cusp of becoming the new man in charge of the Royal Mail.The board of its parent company, International Distribution Se

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Royal Mail to be taken over by foreign owner for…

Posted by May 29, 2024

Royal Mail will be taken over by a Czech billionaire after it accepted a £3.6bn takeover offer.The board of parent company Int

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Anglo American rejects BHP’s plea to extend mega-merger deadline

Posted by May 29, 2024

UK mining giant Anglo American has rejected its rival BHP’s plea to extend the looming deadline for a final offer on a proposed £39bn merger.Earlier on Wedne

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Big Four firms among those to withdraw offers to foreign…

Posted by May 29, 2024

Deloitte and KPMG are among UK-based businesses which have axed offers to foreign graduates, following a change to UK visa rules. The government ha

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Rishi Sunak’s big net zero UK election gamble

Posted by May 29, 2024

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Any British voter who believes in c

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UK election: How Labour is wooing small business

Posted by May 28, 2024

As the UK's general election looms, Britain's business community is being wooed by both of the two main parties, who know that the main battlefield for votes wi

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Sunak business advisers stay neutral as election business row rages

Posted by May 28, 2024

Rishi Sunak's committee of business advisers refused to publicly back the government's economic policy record on Tuesday amid an escalating row ov

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UK has most expensive diesel in Europe as retailer margins…

Posted by May 28, 2024

UK drivers are paying the most for diesel in all of Europe, according to car and breakdown services company the RAC. The average cost for a litre

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Labour is the only party capable of tackling NHS reform,…

Posted by May 28, 2024

There have been one or two attempts along the way to bring NHS spending into the National Insurance (NI) net – one under Gor

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Questions over mega-projects as Lendlease steps back from UK construction

Posted by May 28, 2024

The international group is expected to sell off its UK and US contracting operations by the end of next year, as wel

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London stock market gripped by ‘malaise’, warns star fund manager

Posted by May 28, 2024

A dismal streak for stocks in Mr Train’s portfolio has contributed to his fund’s poor performance.Like US investor Warren B

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