Royal Mail battling on pensions

Royal Mail battling on pensions

As if the threat of industrial action and the challenge of making money from falling letter volumes weren't enough, now Royal Mail (RMG) is faced with the prospect of re-nationalisation if voters elect the Labour party at the upcoming general election. The party's manifesto has promised to reverse the company's privatisation "at the earliest opportunity". The polls - for what they're worth - suggest it won't happen, but you could certainly argue that the executive team is still struggling with legacy issues from an essentially flawed privatisation process.

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