Vesa Equity News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Royal Mail owner IDS remains in an offer period following an announcement last week about the potential takeover swoop by EP Group.

The Postal Workers Rank-and-File Committee (UK) has called an online meeting to discuss a fightback against Royal Mail’s assault on postal workers being facilitated by the CWU bureaucracy.

The projected job cuts are part of a global war against postal and logistics workers as corporate boardrooms seize on new technology to reduce the workforce and slash costs.

More claims against banks and individuals operating in the City linked to the so-called Cum-Ex case are likely. The tax fraud scandal - Europe's largest ever - is estimated to have cost German taxpayers alone almost £10bn. Among the lenders being investigated are Barclays, Bank of America Merrill Lynch, Morgan Stanley, BNP and Nomura, together with law firms and auditors. Last week, the Supreme Court ruled that Danish authorities could pursue an alleged £1.4bn Cum-Ex fraud in London. The decision may open the floodgates to to claims from regulators in other European countries....

Any claim that the yes vote represented a popular endorsement of the sellout agreement has been refuted by the conduct of Communication Workers Union leaders Ward and Furey since, who have effectively gone to ground.