Election season can be a good time to do business. While the public is busy fulminating over the political embarrassments, such as the Prime Minister’s attempt to weasel out of commemorating the D-Day landings, deals that might otherwise be front-page news can be concluded at a safe distance from the limelight. If you’ve been thinking about floating a controversial fast-fashion company on the London Stock Exchange or buying a troubled national institution, this is an opportune moment.
On a related note, the Business Secretary Kemi Badenoch will meet next week with Daniel Kretinsky, the Czech billionaire currently bidding to buy Royal Mail. I imagine they’re both rather looking forward to it. For Badenoch, Kretinsky can perhaps be thought of as a pest control expert who is offering not only to remove a rotting fox from her garden, but to bury it under the lawn of a despised neighbour.
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