Mail Millionaires ; Postal Service's Pounds 537million Profit Triggers Fat Cat Row As Six Directors Are Awarded Huge Payouts

Summary

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A "FAT CAT" pay row erupted at Royal Mail today as it emerged that six directors received Pounds 1 million salary and bonus packages.

The huge sums were revealed as the governmentowned body reported a record profit of Pounds 537million for last year.

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Mail Millionaires ; Postal Service's Pounds 537million Profit Triggers Fat Cat Row As Six Directors Are Awarded Huge Payouts

This triggered huge performance-related bonuses for the board, making them among the best-paid public servants on the government payroll. But the payments led to calls for bonuses to be linked to performance rath...

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