Royal Mail takeover has benefits but poses risk to those reliant on UK’s national postal service

By Nigel Driffield, Professor of International Business, Warwick Business School, University of Warwick

Selling a British institution to a foreign billionaire is a big deal. In the case of Royal Mail, that deal is not yet done, but the company’s board has agreed to the move in principle.

The 508-year-old postal service, which employs around 150,000 people, has been valued at £5 billion by its potential Czech buyer, Daniel Kretinsky, and shareholders of Royal Mail’s parent company are due to vote on the deal in September 2024.

The Labour party has since made a pledge to “robustly…

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