London's economy to take £120m hit amid strikes
London's economy to take £120m hit amid strikes

London's economy to take £120m hit amid strikes

Salman R Munshi

12 min
News
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<p>The <a href="https://www.standard.co.uk/news/london/london-tube-underground-strike-today-updates-news-cancellations-how-get-around-victoria-central-rmt-b1007328.html" rel="noopener noreferrer" target="_blank">worst train strikes in 30 years are going ahead this week</a>, as members of the RMT Union take industrial action against plans to cut more than two thousand jobs, while calling for better pay.</p><br><p>It’s thought just one in five trains will run on Tuesday, Thursday and Saturday in what’s been called the biggest outbreak of industrial action on the railways for a generation.</p><br><p><a href="https://twitter.com/grantshapps" rel="noopener noreferrer" target="_blank">Transport Secretary Grant Shapps</a> has suggested the strikes are a ‘stunt’ being carried out ‘for effect’, and claimed face-to-face discussions between the government and unions don’t lead to resolutions.</p><br><p>We hear from Mick Lynch, Secretary General of the <a href="https://twitter.com/RMTunion" rel="noopener noreferrer" target="_blank">RMT Union</a> about why they are striking, and the Evening Standard’s Business Editor <a href="https://twitter.com/JonPrynn" rel="noopener noreferrer" target="_blank">Jonathan Prynn</a> takes a look at how the strikes will hit London’s economy, and how much more travel disruption the capital can take.</p><br><p>Follow us on <a href="https://twitter.com/EveningStandard" rel="noopener noreferrer" target="_blank">Twitter</a> for more news @EveningStandard </p><br><p><br></p><br /><hr><p style='color:grey; font-size:0.75em;'> See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for privacy and opt-out information.</p>

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