ALEX BRUMMER: Royal Mail should learn from Dutch post where Czech Sphinx is also involved

ALEX BRUMMER: Royal Mail should learn from Dutch post where Czech Sphinx is also involved
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ALEX BRUMMER: Royal Mail should learn from Dutch post where Czech Sphinx is also involved
Published: Feb, 28 2025 21:54

Summary at a Glance

A sign of the times: Daniel Kretinsky made a series of pledges to the UK Government on maintaining the Universal Service Obligation should it win control of IDS.

Reynolds, the Communication Workers Union and the flaccid board of Royal Mail-owner International Distribution Services would find it instructive to look at Dutch postal service PostNL.

Kretinsky made a series of pledges to the UK Government on maintaining the Universal Service Obligation (USO) should it win control of IDS.

Yet given the Dutch experience and the financing structure of the Czech billionaire's bid, questions must be asked about the future of Britain's postal service under his control.

It shares a common investor in Czech sphinx Daniel Kretinsky, who owns a 30 per cent stake of PostNL.

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