L

Lord Londesborough (CB)

Speaking in the House of Lords on 28 April 2026

Debate

RMT Strikes: Impact on Businesses

Contribution

My Lords, the 20% drop in footfall reported by the hospitality and retail sectors as a result of these strikes suggests that at least 1 million of the capital’s 6 million workforce did not travel into work as planned. Most of them had to work from home, which meant that swathes of meetings were cancelled, ranging from large-scale events and conferences to a mass of those smaller but critical face-to-face meetings on which so much business, particularly in SMEs, depends. Does the Minister agree that, if you add this loss of productivity to the actual cost of lost working days, the true cost of these strikes could run into the billions?

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