Labour pledges to end the ‘national scandal’ of ‘stinking filth in our waterways’ by throwing the government’s weight behind an £88 billion investment in water firms. On the weekend that marks the start of the peak holiday season, Environment Secretary Steve Reed said the second biggest private sector investment of the Parliament—behind energy—would be devoted toContinue reading “Labour Supports £88 Billion Proposal To Resolve Problem Over River Pollution”
Tag Archives: Shareholders
Daniel Kretinsky’s EP Group Buys Royal Mail For £3.57 Billion
The board of International Distribution Services, which owns Royal Mail, said that it has accepted a £3.57 billion buyout bid from the EP Group, led by Czech billionaire Daniel Kretinsky. Businessman Mr Kretinsky already owned more than a quarter of IDS, which controls Royal Mail, Parcelforce, and the international mailing service GLS. Known as the ‘CzechContinue reading “Daniel Kretinsky’s EP Group Buys Royal Mail For £3.57 Billion”
Profits Surge Nearly 900 Per Cent At British Gas
British Gas owner Centrica’s skyrocketing profits have been branded ‘indefensible’ as UK households continue to encounter high energy bills and cost of living pressures. The energy giant revealed that earnings at its retail supplier business soared by almost 900 per cent as it was handed a price cap boost of about £500 million. Centrica saidContinue reading “Profits Surge Nearly 900 Per Cent At British Gas”