Czech tycoon Daniel Kretinsky and Business Secretary Jonathan Reynolds have held 'constructive' talks in their first meeting since Labour won the general election, Sky News understands.
The Czech billionaire who wants to take full control of Royal Mail has held private talks with the new business secretary to reassure him about his plans for one of Britain's most important companies. Sky News has learnt that Daniel Kretinsky met Jonathan Reynolds last Tuesday for the first time since Labour won this month's general election.
The Czech tycoon, who also owns a stake in West Ham United Football Club, has sought to reassure Royal Mail staff about his intentions, adding that he would fulfil the Universal Service Obligation 'forever'. IDS's board has been lobbying to water down the six-days-a-week delivery obligation that the USO imposes on the company, arguing that it is financially onerous.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Paul Mullin brutally trolls Ryan Reynolds on live radio with cheeky Rob McElhenney jokePaul Mullin made a surprise appearance on a radio show that Reynolds Reynolds was on.
Read more »
Starmer has rebuilt Labour but job of rebuilding country is greater challengeMail Opinion says Labour deserves a chance in goverment and Sunday Mail readers have a choice.
Read more »
Man 'tired of waiting' for post takes matters into his own handsDavid Foster claims there are ongoing issues with his post however Royal Mail denies his claims
Read more »
Royal Mail issues message to postal voters over election ballot pack delaysRoyal Mail insists there is no backlog of postal votes to be sent out
Read more »
Sad news for royal family after death of former chief royal baker Eddie SpenceEddie Spence decorated cakes for the likes of Princess Margaret and Sarah Ferguson
Read more »
Post ‘left for days’ as buyer vows six-day Royal Mail service despite job cutsPotential Royal Mail buyer, Czech billionaire Daniel Křetínský, vowed to maintain the requirement to deliver first class letters six days a week 'as long as I'm alive'
Read more »