Strikes carry "collective, mounting costs" says London Chamber of Commerce and Industry

Wednesday 22 February 2017

Strikes carry "collective, mounting costs" says London Chamber of Commerce and Industry

London Chamber of Commerce and Industry today responded to today's tube strikes on the Central and Waterloo and City lines, as well as the Southern Rail network.

Chief ExecEtive of London Chamber of Commerce and Industry, Colin Stanbridge said: "Tube and Rail services are vital lifelines of the London economy.

"There is no question about economic impact - delayed meetings, missed flights or cancelled trips to bars, restaurants or theatres carry a collective, mounting cost.

"However continual industrial action could pose a real risk of damage to international perceptions of London as a good place to do business.

"It is frustrating to see unions call strikes, sometimes on apparently minor issues, that paralyse the daily life of London."

ENDS

Media contact
Katharine McGee
T: +44 (0)20 7203 1897
M: +44 (0)7827 241528
E: [email protected]

NOTES TO EDITOR:

1. London Chamber of Commerce and Industry (LCCI) is the capital's largest and most representative business organisation, with members ranging in size from multi-national companies to SMEs and sole traders.
2. Colin Stanbridge, chief executive, is available for further comment and interview.