Businesses warn tube strikes will cost 'tens of thousands' in hit to London economy
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Businesses warn tube strikes will cost 'tens of thousands' in hit to London economy
""It's dramatically dropped a lot," says the manager of MuMu Street Food, a restaurant that serves Asian food near Moorgate. "We [usually] have a queue, we're non stop working but now I have nothing to do but sit and wait for customers.""
""Our shops across the city and Canary Wharf have been hit with anywhere between 15 per cent to 20 per cent less footfall and sales accordingly. A huge hit for a chain our size again with this unnecessary strike action.""
""It will cost us tens of thousands of pounds this week. Very frustrating and another hit to the hospitality sector, especially the retail sector.""
The tube strikes in London have led to a dramatic decrease in customer numbers for local traders, with some restaurants reporting a 50% drop in business. The hospitality sector is bracing for a devastating impact, as workers struggle to commute due to longer travel times. For instance, the manager of MuMu Street Food noted that their usual 55-minute commute has increased to an hour and 45 minutes. Birley's sandwich shops also reported a 15% to 20% decline in footfall, resulting in significant financial losses for the businesses.
Read at The Independent
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