Showing posts with label post office. Show all posts
Showing posts with label post office. Show all posts

Sunday, May 25, 2008

the last post

Mail late ? Lost letter ? Package damaged ? That local post office shut down ?

Never mind . Royal Mail's boss has been rewarded for his efficiency ...at least according to Royal Mail bosses .

Chief executive Adam Crozier earned more than £3m last year.

Mr Crozier got just over £1m in pay and pensions, plus a bonus of almost £2m.

Royal Mail said Mr Crozier had exceeded expectations and met all the targets set for him.

Losses for 2007 had widened to £279m, compared with a loss of £10m a year earlier.

Its stamped letters business made a loss for the first time in the last financial year.

2,500 post offices were being closed to save money

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