Royal Mail Boss's £6.9M Pay Deal Complicates Restructuring Push

Martin Seidenberg, CEO of Royal Mail's parent company IDS, earned £6.9 million in 2025-26—competitive for FTSE postal firms but politically fraught. Royal Mail operates under legal obligations to deliver everywhere, and faces potential government ownership changes. The union signals the pay package will shape wage talks as Czech owner Daniel Kretinsky pursues restructuring.