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Jeremy Hunt is having a good election campaign in difficult circumstances. He has forced shadow Chancellor Rachel Reeves onto the back foot on VAT.

Hunt (pictured) said regulators should look 'very carefully' at five-year undertakings made by Kretinsky which include promises on jobs.

Foreign ownership of Royal Mail is not a problem. UK industry needs investment from all over the world to modernise Jeremy Hunt says

Jeremy Smith, a top-ten shareholder in the parent company of Royal Mail has today said that current management can add more value to the struggling company.

"Royal Mail is being sold to Czech tycoon Daniel Kretinsky for £3.5billion - but the new owner must not be allowed to cut the workforce and services of our once-great national institution"

Shares in Royal Mail-owner International Distribution Services rose 13.8p, or 4.3%, to 335p on the announcement - short of the 370p offer price.

The surrender of the board of Royal Mail owner IDS to the blandishments of Czech billionaire Daniel Kretinsky is a national disgrace.

The Communication Workers Union has slammed the £5billion sale of Royal Mail to 'Czech Sphinx' billionaire Daniel Kretinsky, with demands for 150,000 jobs to be secured

Daniel Křetínský believes UK postal service’s owner needs to live outside glare of public markets to survive and grow

The billionaire Daniel Křetínský, AKA the Czech Sphinx, is poised to buy the business – but what does he have planned?

Czech tycoon’s private buyout of UK postal group would come with very limited assurances – and a weight of added debt

See how long it takes for post and parcels with 1st and 2nd Class stamps to be delivered by the Royal Mail.

The FTSE 100 closed down 71.11 points at 8183.07. Among the companies with updates today are IDS, Anglo American, BHP, Bloomsbury and Pets at Home.

PARIS, May 29 — A billionaire with interests in football clubs, media outlets, supermarkets and now the potential new ow...

A Czech billionaire has proposed purchasing the 500-year-old Royal Mail in Britain for roughly $6.73 billion with a promise to protect is more than 150,000 workers and maintain the historical relevancy of the institution