Surely, a huge percentage of that is coming back in taxes?

Abdul Majeed, Bradford, United Kingdom

The financials are largely irrelevant. The man is being rewarded for decimating a national service. Any fool can do that.

And volumes are decreasing partly through necessity, not by choice because Royal Mail is no longer a credible or reliable provider for business communication.

Yorkie, York,

Absolutely immoral that Crozier and Leigton should receive such a massive bonuses.
Especially Leighton since he only works 2 days a week for Royal Mail.
Meanwhile Postal workers are seeing their pay standards fall
despite a pay deal being struck
This is with the blessing of the Government.
Both Crozier and Leighton should be ashamed and embarrassed .

john, shrewsbury, uk

That's the great thing about being a public servant under a Labour government. You can screw up big time and get well rewarded for doing it. So school leavers take note.

Ron, Bedford, U.K.

Why are bonuses paid to executives for reducing profits? Presumably when losses are incurred the bonuses will be much bigger!

Nigel Ashurst, Leicester,

How are these bonuses "performance linked"? Clearly these people are doing very poor jobs.

Karen, NY,

Royal Mail executives must belong to the same exclusive club as MPs. They all seem to catch the same gravy train with gold plated incomes courtesy of the public purse. Could someone explain to me why you pay someone £633,000 per year salary and then you have to pay them a similar amount as a bonus. Surely £633,000 salary is incentive enough to do a cracking job? Is it any wonder postmen are not too happy with their meagre £15000 per year wages. Does the Royal Mail board have any performance targets? Why, since Alan Leighton has been there, is the service to the public deteriorating?

R.Allely, Cardiff, Wales

Of course, a complete disgrace but then again not a surprise. RM has been the perfect vehicle for certain executives to award themselves big bonuses for simply cutting jobs and raising the price of basic mail delivery. Bear in mind, this is the same manager who awarded a hugely inflated (that's £25 Million) remuneration package to Sven Ericsson. Enough said.

Ted Verity, Teddington, Middlesex UK

No wonder postmen hate their bosses and go on strike.
Pete, London

pete, london, London, England

Apparently just showing up to 'work' is good enough. It's amazing the shareholders put up with it.

James, Milton Keynes,

An adverse direction of performance on 3 different measures is not means good news for Royal Mail or its customers, not to mention the political fall out that will affect the popularity of the government.

The falling of volume of trade figure is particularly discouraging as it means that businesses and individuals are deepening their use of electronic forms of communication such as the internet and mobile phone. Things are only going to get worse for Royal Mail since there appears to be no sign of reduction in this migration towards paperless communication and verification.

Since there appears to be no appetite in the market for price hikes to reflect the increased costs within the company ,there appears to be an end choice between complete market deregulation with prices to match true costs or a painful death by starvation of custom for Royal Mail – this would remove the choice in the matter.

Float it, or hole it and sink it quickly.

Edwin Thornber, Bucharest,

I thought performance-related bonuses were awarded for good performance?

Wen, England,