DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Rishi Sunak - 3 ” - 2 “ - 2 Henry VIII - 1 Daniel Křetínský - 1 Křetínský - 1 Patrik Tkáč - 1 Kemi Badenoch - 1
Top related locs:
England Czech British United States FNAC France United Kingdom West
Top related orgs:
Royal Mail - 2 CNN - 2 Royal - 2 London CNN — Royal Mail - 1 Distribution Services - 1 IDS - 1 UK Department for Business - 1 Trade - 1

Search resuls for: "Britain’s Post"


5 mentions found


☆ Royal Mail: Meet Czech billionaire Daniel Křetínský who wants to buy Britain’s postal service
  + stars: | 2024-05-16 | by ( Anna Cooban | ) edition.cnn.com   time to read: +5 min
It has been operating a postal service in England since the reign of Henry VIII. EP Group has until May 29 to convert its £3.5 billion ($4.4 billion) non-biding offer into a formal bid for IDS. The likely sale would come after a difficult few years for Royal Mail, which was privatized in 2013. ‘As British as it gets’The potential buyout of Royal Mail has stirred anxieties about the consequences of the iconic British institution coming under foreign ownership. “Royal Mail is an important national asset that would benefit from being able to take a longer-term view,” the firm said.
Persons: Henry VIII, Daniel Křetínský, Křetínský, Patrik Tkáč, Rishi Sunak, Kemi Badenoch, Dave Ward, ”, ” Ward, Jonathan Reynolds, ” Ivana Kottasová Organizations: London CNN — Royal Mail, Distribution Services, IDS, Royal Mail, UK Department for Business, Trade, CNN, Bloomberg, Equity Investment, Newsweek, West Ham United Football Club, Reuters, Communication Workers Union, Labour Party, Royal, Labour Locations: England, Czech, British, United States, FNAC, France, United Kingdom, West
☆ Mail 3 Days a Week? Idea Meets Resistance in Britain
  + stars: | 2024-01-25 | by ( Jenny Gross | More About Jenny Gross | ) www.nytimes.com   time to read: +1 min
Britain’s postal service should consider cutting deliveries to five days a week, or even three, from six, the country’s regulator said on Wednesday, drawing resistance from lawmakers and businesses. The Royal Mail, like the U.S. Postal Service, has been increasingly plagued by service issues and financial pressures. Reducing delivery to just three days a week would save the Royal Mail up to 650 million pounds ($830 million) a year, the report found. Prime Minister Rishi Sunak, whose Conservatives hold a majority, said on Wednesday that he remained “absolutely committed” to ensuring that the Royal Mail delivered six days a week.
Persons: “, Rishi Sunak Organizations: Royal, U.S . Postal Service, Ofcom, Royal Mail Locations: U.S, Sweden, Norway, Denmark, Belgium
☆ Fujitsu admits it should compensate postal workers whose lives were ruined by its faulty software
  + stars: | 2024-01-16 | by ( Anna Cooban | ) edition.cnn.com   time to read: +3 min
London CNN —Japanese technology company Fujitsu has a “moral obligation” to compensate the victims of Britain’s Post Office scandal, the boss of its European arm said Tuesday. “We did have bugs and errors in the system and we did help the Post Office in their prosecutions of the sub-postmasters,” Peter Patterson, Fujitsu’s director for Europe, said Tuesday. “I think there is a moral obligation for the company to contribute,” Patterson told UK lawmakers during a public hearing. Nick Read, CEO of the Post Office, who also addressed lawmakers Tuesday, said he was “committed” to abandoning Horizon. The corporation still uses the IT system, but in a newer iteration than the one involved in the scandal.
Persons: —, “, ” Peter Patterson, ” Patterson, Patterson, ”, Rishi Sunak, Nick Read, ” Read Organizations: London CNN, Fujitsu, Britain’s Post, Office, Post, CNN, Post Office, British Locations: Britain’s, Europe, ”
☆ Factbox: A history of UK currency crises and crashes
  + stars: | 2022-09-26 | by ( ) www.reuters.com   time to read: +5 min
The currency fell as low $1.0327 at one point. read more It has fallen almost 8% since Thursday and 21% since the start of the year, a pace drawing comparisons with the currency crises that have marked Britain’s post-war history. Britain also used some creative accounting to hide the extent of its foreign exchange reserves losses, such as in a 12.5 billion pound "secret negative forward book". Against a soaring U.S. currency swelled by global trade imbalances, parity with the dollar - once unthinkable - became a real possibility. A briefing to the media in January 1985 from Prime Minister Margaret Thatcher’s press secretary, intended to reassure financial markets, backfired badly.
☆ Bonus cap scrap would be dubious Brexit dividend
  + stars: | 2022-09-15 | by ( Liam Proud | ) www.reuters.com   time to read: +4 min
A person points to the City of London financial district from a viewing platform in London, Britain, October 22, 2021. REUTERS/Hannah McKayLONDON, Sept 15 (Reuters Breakingviews) - UK finance minister Kwasi Kwarteng wants to make the City more competitive. That means UK banks and foreign ones operating in London might have to keep their compensation policies broadly the same to retain staff. Bringing the highly charged issue to the fore means Kwarteng might have less cover to push ahead with more meaningful changes, like getting rid of the bank levy. CONTEXT NEWSBritish finance minister Kwasi Kwarteng is seeking to scrap Britain’s cap on bankers’ bonuses, the Financial Times reported on Sept. 14.
0 next >>
Total: 5