Letters in limbo: Trump clouds hover over US Postal Service, may push it UK’s Royal Mail way
3 weeks, 3 days ago

Letters in limbo: Trump clouds hover over US Postal Service, may push it UK’s Royal Mail way

Firstpost  

The United States is debating whether to privatise USPS due to financial struggles, while the UK’s Royal Mail is already dealing with the effects of being sold to a foreign owner, raising concerns about service quality and public trust Postal services are more than just delivery systems. Unlike USPS, which is still publicly controlled, Royal Mail’s sale to EP Group marks a full shift away from government ownership. Crossroads for postal systems As debates about privatising USPS continue, Royal Mail’s experience provides important context. Trump’s comments have revived the discussion, and in the UK, the sale of Royal Mail to a foreign investor highlights the challenges of balancing profit with public trust.

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Royal Mail close to being sold to Czech billionaire Daniel Kretinsky
1 month, 1 week ago

Royal Mail close to being sold to Czech billionaire Daniel Kretinsky

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Royal Mail is close …

Royal Mail: Meet Czech billionaire Daniel Křetínský who wants to buy Britain’s postal service
7 months, 3 weeks ago

Royal Mail: Meet Czech billionaire Daniel Křetínský who wants to buy Britain’s postal service

CNN  

London CNN — Royal Mail dates back to the Tudors. British logistics company International Distribution Services, which owns the loss-making postal service, said Wednesday that it was “minded to recommend” to its shareholders a £3.70-per-share takeover offer from Křetínský’s EP Group. A spokesperson for the UK Department for Business and Trade told CNN that it had “no current plans” to …

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