Future Of British Business
London’s Bars, Restaurants Face $270 Million Hit From Strikes
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A wave of strikes on Britain’s rail network and the London Underground will cost bars and restaurants in the UK capital some £210 million ($270 million) in lost revenue, according to an estimate from trade group UKHospitality.
Workers from the RMT union were set to begin another round of industrial action on Thursday. With negotiations inactive, there’s no end in sight for the walkouts that have hobbled the country’s railways on and off for more than a year.