The Latest Breaking News from Royal Mail

CWU calls for new business model and says commitments for takeover do not ‘go far, or long enough’

A centuries-old British institution is set to be sold to a foreign firm. Royal Mail's parent company has accepted a £3.6 billion takeover offer by Czech billionaire Daniel Kretinsky's EP group. Privatised about a decade ago, the postal service that dates back to Tudor times has struggled in the era…

The billionaire Daniel Křetínský, AKA the Czech Sphinx, is poised to buy the business – but what does he have planned?

Czech tycoon’s private buyout of UK postal group would come with very limited assurances – and a weight of added debt

Czech investor Daniel Kretínský's EP Group acquires Britain's Royal Mail for .6 billion, ensuring continuity of service.

A billionaire with interests in football clubs, media outlets, supermarkets and now the potential new owner of Britain's Royal Mail, Czech Daniel Kretinsky retains a stubbornly low profile internationally.

The other day I got the shock of my life at the post office where I was sending a letter to Ireland to find the nice man on the counter was asking me for £2.50 for a stamp. Two. Pounds. Fifty. “What,” I said weakly. “Yep,” he said, plainly used…

Mining giant Anglo American, cyber security firm Darktrace and Royal Mail parent IDS -- three major UK companies in the midst of big takeover bids.

The owner of Britain’s Royal Mail says it has accepted a 3.6 billion pound ($4.6 billion) takeover offer from Czech investor Daniel Křetínský

Former state monopoly Royal Mail was privatized in 2013 and has since seen its core letters business ravaged as consumers increasingly communicate online, which has conversely helped its international parcels business, GLS.

Global stock markets remain under pressure as worries mount that interest rates will stay high for longer.