daniel kretinsky is a| in on it. daniel kretinsky is a key figure in the steel.d gas sector across europe. he owns 27% of west ham football club. he owns 10% of sainsbury�*s. he is a smooth, calm operator. i have met him a couple times, with a clinical eye for a deal. he made a fortune in oil and gas and is looking to deploy that. i think what he is going to do with royal mail is make some changes to the way the service works. there is a regulatory review on how often let us have to be delivered. second class letters may be delivered only every other day rather than everyday. but he says he is committed to whatever royal mail is required by the regulator to do. americans at home and abroad will be tucking into their thanksgiving dinners later today without the steep rises in food prices consumers have had to cope with in previous years. a key measure of consumer inflation ticked up to 2.3% in the year to october — a bit higher than expected — but still close to the federal reserve's 2% target. michelle fleury has more. the good news — the average cost of a thanks

mr kretinsky has agreed to make extra concessions in order to clinch the takeover.hat's being reported by the bbc�*s business editor simonjack, whojoins me now live. what have you learnt, simon, about how close this impending deal is? it needs to be signed off under the auspices of the national security and investment act. when you have any critical infrastructure, and this certainly qualifies as that, but i am told this is a very close to happening. when daniel kretinsky, already the biggest shareholder in royal mail, at his stake to 27.5%, there was a review ten of his alleged links, for example, to russia. he does own a pipeline that does transport gas to the eu, he just owns the pipeline, but thatis he just owns the pipeline, but that is very close to being signed off. the other thing, he made a series of promises not to change the brand. it has been around since the reign of henry viii, keep its uk tax headquarters here, and no compulsory redundancies until 2025. what i understand moved this closer to the finish line is a series of extra concessions that may in

mr kretinsky has agreed to make extra concessions in order to clinch the takeover.ss editor simonjack has more. signed off by under the national security and investment act when you have any bits of critical infrastructure, this certainly qualifies for that. i'm told that that is very close to happening, also pointed out to me, when mr kratinski which was already the biggest shareholder in royal mail's parent company upped his stake from 22 to 27,500%, there was a review done of his alleged link to russia, he owns a pipeline which does transport some russian gas into the eu with the approval of the eu. that i think is very close to being signed off. the other thing was that he made a series of concessions, a series of promises not to change the brand, it's been around since the reign of henry viii, keep its uk tax headquarters here, and no compulsory redundancies until 2025, what i understand which moves this closer to the finish line is this was something of a deed of arrangement, a series of extra concessions which may involve extending the term of some of those g

mr kretinsky has agreed to make extra concessions in order to clinch the takeover. close