The threatened Royal Mail strike this week could have a "very serious impact" on the value of the company, damaging the amount a Conservative government could raise for taxpayers by privatising the postal operator, the opposition party warned yesterday.
Jonathan Djanogly, the shadow business minister, told the Financial Times the strikes were "a potential disaster for the company, in so far as it could lose revenues". The industrial action in 2007 had lost Royal Mail a reported £300m of business and the company "can't afford to lose that sort of revenue again".
