Tube strike 'cost capital £600 million'

The Federation of Small Businesses claims that the recent tube strike cost companies in the capital £600 million in lost working hours, business and productivity.

Members of the FSB lost on average £1,297 during the last tube strike.

The Capital is one of the most expensive places in the world to do business - all sides of the ongoing dispute need to understand that damaging small businesses in this way leads to a decline in confidence and turnover, and that can mean jobs and capital investment at risk. We urge all sides to find a quick resolution as the average business can ill afford to lose over £2,500 in a two week period.

– Sue Terpilowski, London Policy Chairman, Federation of Small Businesses

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