Pumaman
Your rant was absolute rubbish.
The CEO you are referring to is Alan Leighton who successfully merged Asda and Walmart which has helped it increase its market share due to good service and low prices.
His current salary on taking over Royal Mail is just £28,000 pa but he will make several million, only if he meets certain business objectives set by the Government.
When he took over, RM was losing £1.5m per working day. It is now making a profit of £400m pa.
I have to add that unless the RM is privatised (I think that is 90% likely), losses are projected to run at £1bn pa by 2008 due to competition with the RM being compelled by law to handle unprofitable deliveries and the competitors being able to cherry pick the lucrative direct mail contracts.
To take your point on second delivery, it was rightly scrapped because it accounted for only 3% of volume and yet represented 40% of operational costs which was plain ludicrous. Holding posties back to do a second round is plain ineffective.
Up until a few months ago, most mail was delivered by 9.30am which was a legal requirement imposed by statute.
The regulator (an independant overseer appointed by HMG) agreed that the 9.30 am deadline is irrelevant in modern society as most people leave home around 8.00am in order to go to work.
By relaxing that deadline, the cost of 29p (lowest in Europe) could be held.
The postal market may appear simple but infact it is extremely complex with all players doing deals and shifting each others mail.
The volume of mail is now in excess of 82m deliveries per day despite emails, so it obviously still has its uses. This BTW is an all time record.
Regards
Mick