Royal Mail shares slump to record low on UK loss warning
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LONDON (Reuters) - Royal Mail warned on Thursday of a "challenging" year ahead, with labour tensions and sliding letter volumes increasing the risk of its British business registering a loss, sending its shares plunging to record lows.The warning, which followed a Christmas period dogged by the threat of strike action, sent shares in the former UK mail monopoly tumbling 11%. The company added that its largest union was also preparing another strike ballot. The company's German chief executive,..