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General · 23 June 2026

Royal Mail CEO's £6.9M Pay Sparks Debate Amid Falling Letter Numbers

Royal Mail CEO's £6.9M Pay Sparks Debate Amid Falling Letter Numbers

People using post are seeing a company that says it's putting money into technology and AI while letter numbers keep falling. International Distribution Services said chief executive Martin Seidenberg received £6.9m for the year to March after long-term incentives followed its stock market exit. Royal Mail handled 1.4bn parcels as addressed letters dropped 10 per cent while revenue reached £8.4bn.

Reported by City AM · How we write briefs

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