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The Czech billionaire who wants to take full control of Royal Mail has held private talks with the new business secretary to reassure him about his plans for one of Britain's most important companies.

They have been advised that the offer recommended by the IDS board undervalues Royal Mail if Ofcom recommends changes to the Universal Service Obligation.

Royal Mail customers have been left fuming after discovering the price of sending a package via the Post Office can differ

Royal Mail customers are furious after discovering they are charged different Post Office prices to send a package depending on where they are sending the parcel and package from

Royal Mail customers have spoken out over the discrepancy after noticing the difference.

ROYAL Mail customers have been left fuming after noticing they are being charged different prices depending on where they send a parcel from.

ROYAL Mail customers have been left fuming after noticing they are being charged different prices depending on where they send a parcel from.

Labour will 'call in' the £3.6bn takeover of Royal Mail by a billionaire dubbed the Czech Sphinx, the Business Secretary said yesterday.

UK business secretary Jonathan Reynolds says it is “reasonable” to expect Daniel Kretinsky’s £3.6bn takeover of Royal Mail would be subject to government review

Prince Philip’s name appeared in top-secret FBI documents about one of the greatest British sex scandals of all time: the so-called Profumo affair, according to the Mail on Sunday.

Royal Mail's owner International Distribution Services said revenues from letters hit £985m in the three months to the end of June.

The new government has only been in power for five minutes but they need to urgently halt the sale of our 500-year-old institution for £3.5bn to Czech tycoon who made his billions flogging Russian gas

Parent firm’s CEO defends postal service after reported delays to ballot papers, saying: ‘What we got, we delivered’

International Distribution Services also said it was urging shareholders to accept the offer to be bought by Czech billionaire Daniel Kretinsky.