The billionaire bidding for the Royal Mail has insisted he would not slash any jobs if he succeeds. Daniel Kretinsky is preparing to table a new takeover for Royal Mail offer ahead of a May 15 deadline. The company, which was privatised in 2013, is struggling with heavy losses and missed delivery targets. Eyes on the prize: Daniel Kretinsky is preparing to table a new takeover offerBut Kretinsky, known as the Czech Sphinx, has privately made assurances that there would be no compulsory redundancies as part of his plans. Last month Royal Mail rejected an 'opportunistic' £3.2billion bid – or 320p per share – from Kretinsky.
Source:Daily Mail
May 06, 2024 10:19 UTC
Highest temperatures this Bank Holiday Monday will be up to 18 degrees, according to Met ÉireannMet Éireann has forecast a sunny and warm Bank Holiday Monday as temperatures are set to soar during the week due to incoming high pressure. Through the day, better sunny spells will develop with showers becoming isolated. A mostly dry day tomorrow with sunny spells. Wednesday will be a mostly cloudy day with just limited sunny spells breaking through. Possibly turning a bit cooler from the west on Sunday with some rain possible,” Met Éireann said of next weekend.
Source:Irish Independent
May 06, 2024 09:35 UTC
Stock image: GettyThe high cost of living is preventing people from achieving their financial goals, a survey indicates. More than half of the respondents to the survey said Ireland’s high cost of living and ongoing inflation are the primary barriers to achieving their financial aspirations. This comes after years of rocketing food and energy inflation, higher mortgage costs and motor fuel price rises. Chief executive of the Capital Credit Union Pat Byrne said the survey findings reveal a nuanced picture of financial stability in Ireland. “Our survey would seem to point to a ‘two heads are better than one’ strategy in many households.”Capital Credit Union has over 50,000 members and several branches across south Dublin.
Source:Irish Independent
May 06, 2024 09:23 UTC
The reporter has omitted mentioning all the money Andrew paid up front. From Wikipedia:In August 2003, Prince Andrew, Duke of York was granted a lease agreement by the Crown Estate for 75 years. The property leased included Royal Lodge, a Gardener's Cottage, the Chapel Lodge, six Lodge Cottages, and police security accommodation in addition to 40 hectares of land. The lease agreement required Prince Andrew to carry out, at his own expense, refurbishments under-estimated at £7.5 million at September 2002 prices, excluding VAT. Wikipedia's source is:"The Crown Estate Property Leases with the Royal Family".
Source:Daily Mail
May 06, 2024 03:32 UTC
We got out of the taxi in the city as much quieter, much more deflated women than when we got in. I grabbed some recycling bags and gave the family a rundown of what was to go in what bin. Plus it was all deliciousIt was time to look at the greatest climate offenders in my life: Shopping and travel. For my trip from Cork to London, I paid €2.85 to offset 0.18MT of CO2 emissions — so all was not lost. And hopefully, together, we can help put a plaster on this glorious world we live in.
Source:Irish Examiner
May 06, 2024 03:25 UTC
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Source:The Herald
May 05, 2024 22:34 UTC
Sought after: Unilever wants to float its ice cream arm, promoted here by Eva LongoriaA former business minister has urged officials to roll out the red carpet to convince Unilever to list its ice cream arm in London. Now, the consumer goods giant is holding talks with three exchanges over a potential float of its £15billion ice cream arm. Clark, who was business minister from 2016 to 2019, said: 'It was an important vote of confidence in the UK when Unilever chose London as its headquarters. So far UK officials have not spared many details over how they plan to make the case for London. But Unilever boss Hein Schumacher has confirmed there has been 'regular updates with people in [UK] government'.
Source:Daily Mail
May 05, 2024 21:39 UTC
Man remains in custody after woman (80s) injured in hatchet attackJames CoxA man is being held in custody in Co Louth in connection with an alleged attack involving a hatchet on Friday. A woman in her 80s was taken to Our Lady of Lourdes Hospital in Drogheda with serious injuries following the incident, which happened at a house in Dundalk. She remains in a serious condition, and has been transferred to Beaumont Hospital in Dublin. Two other women were taken to Louth County Hospital with less serious injuries. A Garda spokesperson added that investigations are ongoing.
Source:Irish Independent
May 05, 2024 21:27 UTC
Ask a fund manager investing in UK shares what is his or her biggest problem and the answer you are likely to get is: redemption. They are, however, pointing to a crisis of confidence in the UK stock market. Over the past months and years, redemptions by small savers from funds that invest in UK shares have been taking place on a worrying scale. The exodus is terrible for the UK stock market and the wider economy. As broker AJ Bell puts it, the UK funds industry 'is going through a dark age'.
Source:Daily Mail
May 05, 2024 21:04 UTC
Irish MEP Clare Daly has likened the pro-Palestinian Trinity College Dublin encampment to the Vietnam protests of the 1970s, telling students in an address on campus that their actions too will “change history”. Security personnel are in place at the entrance to the campus, with valid college IDs required to gain access. The Independents 4 Change politician also criticised Ursula Von Der Leyen, president of the European Commission, who she called ‘Frau Genocide’ in her address to Trinity College protesters. You are the real leaders.”A Trinity College spokesperson said Trinity respects the strong stance expressed by the people participating in the encampment protest and blockade, and support the right to peaceful protest. “Trinity is always open to engaging with staff and students on these issues: in the past week alone, the Provost has met with Academics for Palestine and also with the Students’ Union President and Students’ Union officers to discuss these issues.
Source:Irish Independent
May 05, 2024 17:34 UTC
“As a group we’ve all grown massively,” said batter Megan McColl, who weighed in with her maiden T20I half-century to help see off Ireland. “It’s incredible now to think about some of the teams we’ll come up against at the World Cup. “This is humungous for women’s cricket going forward,” said interim head coach, Craig Wallace. “Hopefully the game in Scotland not only grows but becomes one of our biggest sports. I’m looking forward to seeing more girls and women getting involved now to help really grow the game.
Source:The Herald
May 05, 2024 16:28 UTC
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Source:The Herald
May 05, 2024 16:10 UTC
An Italian court placed under judicial administration a company owned by Armani accused of indirectly subcontracting production to Chinese companies that exploited workers. Labour violations are more usually associated with fast fashion brands operating factories out of China and southeast Asia and selling clothing for unfeasibly low prices. The Armani court case came just weeks after a Bloomberg investigation raised questions about LVMH-owned luxury label Loro Piana. The label is known for eye-wateringly expensive high-end goods: Kendall Roy, played by Jeremy Strong, often sported a €500 Loro Piana cap in Succession. The opaque nature of fashion supply chains is partly responsible.
Source:The Irish Times
May 05, 2024 15:31 UTC
The staff, students and parents of St Kilian’s Community School, Bray, were delighted to welcome their German exchange partners recently, after almost five years. On Tuesday, the German pupils and their teachers visited Wicklow Gaol and Beyond the Trees at Avondale. On Wednesday, the group, along with their Irish host students, were warmly welcomed by Cathaoirleach Melanie Corrigan at a civic reception in Bray Town Hall, while Thursday saw the group travel to Dublin. The group returned to Germany on Sunday afternoon, after spending Saturday with the host families. Their trip to Ireland was a wonderful success, and the pupils are already looking forward to the return trip to Wurzburg in June.
Source:Irish Independent
May 05, 2024 15:27 UTC
My wife freaked out, saying I am having an "emotional affair" and that's worse than having sex with the colleague. I feel it shouldn't matter what gender my friend is, and my wife is being ridiculous. I can see both sides here and why both of you think you’re right and, in one sense, you are. Your wife felt threatened when she saw you having fun with another woman, no matter how innocent it is, and she got worried. I’m doing a course at the moment and "sources of conflict" came up a few weeks back , and that might explain what happened here.
Source:Irish Examiner
May 05, 2024 14:24 UTC