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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