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The Latest Breaking News from PPF

InPost agrees £6.8bn takeover by FedEx and private equity-led consortium

The group is looking to more than double its UK locker-point network to 30,000 from 14,000 currently.

Evening Standard

FedEx-led consortium to acquire parcel locker firm InPost in huge £6.8 billion deal

The group wants to expand its UK network from 14,000 lockers to 30,000

The Independent UK

£45m ‘to be saved across 5,000 pension schemes following announcement’

The Pension Schemes Bill rewrites rules around a levy paid by pension schemes.

Evening Standard

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Berlusconi Media Group Takes Control Of German Broadcaster

Italy's MediaForEurope (MFE) announced Thursday it had taken control of one of Germany's biggest private broadcasting groups, as it seeks to build a pan-European group able to compete with streaming giants.

International Business Times

Berlin Wary As Berlusconi Group Closer To German Media Takeover

An Italian media group majority-owned by late leader Silvio Berlusconi's family moved closer to taking over a German broadcasting giant Wednesday, sparking warnings from Berlin that its journalistic independence must be maintained.

International Business Times

Labour needs billions to fund its plans – and I know where it can be found

By harnessing the power of pension funds, it truly can become the party of growth

The Guardian - UK

Yes, pension funds are rich, but they won’t bail out Britain

Jeremy Hunt’s fascination with the investment potential of retirement savings is understandable. But the obstacles are prohibitive

The Guardian - UK

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Topshop owner's former staff to receive retirement benefits in full after 2020 collapse

Arcadia's former staff members, including those working at Topshop and Topman, had faced a major pension shortfall after the company's collapse in 2020 - but they'll now be handed their full benefits

Daily Mirror

Where Will Prague’s China Policy Go With the New President?

Czech President Miloš Zeman once hailed the Belt and Road Initiative as “the most important project in our modern history.” Not anymore after the elections.

The News Lens

Russia-linked firm could gain stake in company behind UK’s national lottery

PPF in line to acquire shares in Allwyn Entertainment, whose UK arm won lottery licence from Camelot

The Guardian - UK

Govt keeps interest rates unchanged on small savings schemes for September quarter

NEW DELHI: The government on Thursday kept interest rates unchanged on small savings schemes, including NSC and PPF, for the second quarter of 2022-23 amid high inflation and rising interest rate.

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