Strikes Estimated To Cost £100m

Dec. 6, 2011 - PRLog -- Public sector workers planning to strike later this month could cost the economy at least £100 Million experts have warned.

The action will disrupt a wide range of public services including schools, transport services (buses, trains and airports), courts, and immigration controls, job centres, driving tests, councils and hospitals which will all have a knock on effect to the private sector.

Inevitably, productivity of the private sector will be affected. A spokesman for the Centre for Economic & Business Research said “there’s the person on strike and the cost of them not turning up to work, plus the knock on effects on business. It sends out a message to people about whether the UK is open for business. With strike action on top of the Eurozone crisis, it’s not the best time for this”.

The teachers strike three years ago costs business around £68 million in lost working hours as parents took time off to look after their children according to the British Chamber of Commerce.

David Kern speaking for the British Chambers of Commerce said the impact will be “very damaging. The key thing is whether people will be able to get into work… I think £100 million is a very plausible figure”.

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