""We will lose 600-700 a day. One day might be bearable but it will be impossible to recuperate that total cost,""
""Tube strikes will cause significant disruption for London's small businesses, many of which rely on footfall and staff mobility to stay afloat. "We urge all parties to work towards swift, constructive resolutions that safeguard local economies and minimise the impact on the capital's entrepreneurs and small firms.""
""It's significant for us, but even tougher for smaller businesses. That"
A five-day London Underground strike by RMT members will disrupt services until Thursday and reduce commuter numbers. The Centre for Economics and Business Research estimates a direct economic cost of about £230m, reflecting roughly 700,000 lost working days among TfL staff and the wider commuter base. The true economic hit is likely higher once indirect effects are included. Sectors from professional services to retail, hospitality and leisure will face reduced productivity, weaker footfall, lower consumer spending and increased road congestion. Small businesses reliant on footfall report significant booking drops and are offering incentives to attract customers.
Read at www.bbc.com
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