Royal Mail takeover by Czech billionaire approved
The £3.6bn deal by Daniel Kretinsky is cleared after agreeing "legally binding" undertakings.
So, what does this mean? The Royal Mail will be run by a Czech company. It does seem to be a bit of a travesty. Can they, or should they still call it "Royal Mail"?
On the other hand, it's all a bit of a mess anyway now. I think we get our mail maybe once a week and if there's anything important coming, we have fallen into going to the sorting office and asking for it rather than having to wait for a postie in a 10 year old battered looking van who won't be coming soon anyway. So perhaps if they can make it work again, maybe it's not a bad thing. I dunno. Everything British is owned somewhere else in the world these days anyway.
