The takeover of Royal Mail by Czech billionaire Daniel Kretinsky has been approved by the government – allowing the postal service to pass into foreign ownership for the first time.
The total value of the takeover is £5.3bn – which includes the company’s debt.
The deal had been agreed in May but was subject to a government review under national security laws as Royal Mail is considered vital national infrastructure.
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So dreadfully sorry to hear of this disaster. What a shame. The billionaires are sucking us dry.
What an absolute joke?! Why? Not one explanation of why this is happening. Why does the Government keep failing so hard on EVERY SINGLE thing the do or say? Disgraceful.
Nah im done with these governments and this country. Selling everything. It will be us next
All Royal Mail want is Parcels and not letters. This is a a huge mistake. Royal Mail is a British institution or was. Greedy , Grabbing shareholders. Selling every thing off. Selling England by the pound. Just listen to Genesis song!!!!!!!
The Czech's Been Cashed
This is bad, we have been praying for British companies owned by none British to be restored back to the British.
Wait and see . RM will follow the train and water companies. Squeeze out aas assets thrn give ut hacj to the Government .
Badabingbadaboom
6.30pm collection lol, think the photo might be out of date
As a Czech it is refreshing to see us buying a company from the West after being plundered by them back in the old days ☺️
Lololol sell houses of parliament too
Foreign adversaries wet dream. Why not have the Ukrainian government just deliver sensitive mail from UK citizens.
W T F 😢😢😢😢😢😢😢
We have a clueless out of touch government led by a fool so it is to be expected
Wow!!!!!
England being chiseled away one tradition at a time.
So wrong and should be in public ownership.
I’m not British but that’s insane. I couldn’t even imagine if my government sold the USPS to another country.
Not sure this would be allowed in any other country.
Pathetic.
Goodbye all downhill from here
Tories sell off the nhs. Then labour sell off the rest.
Someone is getting their pockets lined here.
Rip
Iv left the uk for Canada 🇨🇦
Lol sour commenters worried about a company that doesn’t even know them 🤣🤣🤣, worry about the 2025 inflation
Great! RM is so far behind, its 2024… unbelievable. Still no parcel machines in every city corner, cheap and fast parcel machine to parcel machine delivery services as in most of europe.
Nhs next please
So it will be the Russian mail via a third party.
They'll be selling the Crown Jewels next…