HISTORICAL FACTS: Gls - The Untold Story

Boss of Royal Mail owner sees pay more than triple to nearly £7m

Martin Seidenberg was paid £6.9 million in salary, bonuses and long-term incentive awards for the year to March 31.

Evening Standard · Jun 23

Royal Mail sees annual earnings tumble as employee costs surge

Royal Mail’s operating profits dropped to £96 million in the year to March 31, down from £198 million the previous year.

Evening Standard · Jun 23

Royal Mail boss’s pay package triples to £6.9m despite profits slide

Martin Seidenberg, chief executive of parent company IDS, handed payouts after takeover of UK postal service

The Guardian - UK · Jun 23

Royal Mail issues warning over cuts to second-class deliveries

In its first set of figures since being taken over by EP Group, Royal Mail has returned to profit

The Independent UK · Sep 1, 2025

Royal Mail returns to profit after ‘year of change’

Royal Mail delivered underlying earnings, excluding voluntary redundancy costs, of £12 million for the year to March 31.

Evening Standard · Sep 1, 2025

Labour’s gamble with Royal Mail may go horribly wrong

Past talk of renationalisation gives way to approval of takeover in which price of first-class stamp could be set from Prague

The Guardian - UK · Dec 16, 2024

Royal Mail revenues boosted by election and rise in stamp prices

Parent firm’s CEO defends postal service after reported delays to ballot papers, saying: ‘What we got, we delivered’

The Guardian - UK · Jul 18, 2024

Fat fees for Royal Mail’s advisers, no detail for its shareholders

The offer document for proposed £3.6bn takeover of Royal Mail parent company couldn’t be more vague

The Guardian - UK · Jun 26, 2024

Royal Mail Owner Accepts Czech Billionaire's Takeover

Former state monopoly Royal Mail was privatized in 2013 and has since seen its core letters business ravaged as consumers increasingly communicate online, which has conversely helped its international parcels business, GLS.

International Business Times · May 29, 2024

Royal Mail parent ‘minded to’ accept £3.5bn takeover bid from West Ham co-owner Křetínský

A deal would see the 500-year-old institution Royal Mail taken off the stock market just under 11 years after it was privatised in an initial public offering

Evening Standard · May 15, 2024