Caption: Guarantees about the fate of the Royal Mail should be examined by regulators Jeremy Hunt said. Photo: Alastair Grant/ AP
Daniel Kretinsky has pledged not to spin off the lucrative parcels business from letters business but it has emerged the legally binding commitments are only valid for three years.There are growing concerns, including among shareholders of the Royal Mail’s parent company, International Distribution Services about the Czech deal proceeding. The IDS board of directors have
“I can’t predict what’s going to happen in five or 10 years’ time, but three years is a very long time. And I’m sure the Government will keep it under review,” he told LBC radio.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: