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THE Czech billionaire trying to buy Royal Mail will face a national security review, the Chancellor confirmed yesterday, amid concerns about the takeover.

THE Czech billionaire trying to buy Royal Mail will face a national security review, the Chancellor confirmed yesterday, amid concerns about the takeover.

The postal service will unveil an annual loss of £313m next week, according to estimates by City analysts.

IDS's pusillanimous board and investors should tell Kretinsky to take a hike.

Business insolvencies jummped 18% last month, while Jeremy Hunt says any takeover offer for Royal Mail would be scrutinised

Jeremy Hunt indicates ministers not opposed to offer from Czech billionaire in principle

Royal Mail’s owner International Distribution Services is ‘minded’ to agree a takeover by shareholder Daniel Kretinsky.

Royal Mail’s owner International Distribution Services is ‘minded’ to agree a takeover by shareholder Daniel Kretinsky.

Royal Mail’s owner International Distribution Services is ‘minded’ to agree a takeover by shareholder Daniel Kretinsky.

Royal Mail’s owner International Distribution Services is ‘minded’ to agree a takeover by shareholder Daniel Kretinsky.

Amid mounting fears over what the proposed takeover by a Czech billionaire will mean, the Business Secretary held crunch talks with the 508-year-old postal service.

As keepers of the flame of free market capitalism, one can understand government's reluctance to become involved in takeovers.

Sources in Daniel Kretinsky's sphere yesterday spoke of a reluctance to expand his English empire by purchasing one of the Premier League 's most iconic clubs.

Czech billionaire Daniel Krestinsky, 48, who is set to become Royal Mail's new owner, lives in one of Britain's most expensive homes, which was once put on the market for an eye-watering £100 million.