Summary

The UK government has approved Czech billionaire Daniel Křetínský’s £3.6bn takeover of International Distribution Services (IDS), Royal Mail’s parent company, after a national security review.

It marks the first foreign ownership in Royal Mail’s 508-year history. The government retains a “golden share” to protect the postal service’s obligations, branding, and UK-based operations.

The deal includes commitments to maintain the universal service, worker protections, and delivery performance.

While seen as a pivotal moment for Royal Mail’s future, scrutiny persists over Křetínský’s ties to Russian energy and controversial business dealings.

  • @Noite_Etion
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    2 days ago

    Basic mail plan: 35£ per month to receive mail once a week.

    Silver mail plan: 50£ per month to receive mail every day.

    Gold mail plan: 100£ per month to receive mail every day and have your deliveries prioritised first with the postman bowing while calling you “Mi’Lord”.