Tuesday 7 May 2024 

Karim Fatehi MBE, CEO of the London Chamber of Commerce and Industry (LCCI), said: 

“We are deeply concerned about the detrimental impact of rail strikes on London's economy. 

“Rail strikes cripple daily commuting for millions, inflicting chaos and frustration upon Londoners. But beyond the immediate inconvenience, they strike at the heart of London's economic engine, posing serious challenges to retail, catering, and hospitality businesses, reliant on the steady flow of commuters and tourists. 

“As we approach the summer and anticipate an influx of tourists, maintaining London's reputation as a global city open to visitors is crucial and a well-functioning transport network is integral to this. Furthermore, as the gateway to the UK, London's connectivity is paramount to national and international business interests. Any disruption to the transport network not only harms London's economy but reverberates across the entire country, stifling economic growth and dampening prospects for recovery.

“It is unacceptable that a solution has not been found after over two years of strike action and disruption. While recognising the rights of workers to voice their concerns, we urge the Government, GLA, and Unions to prioritise meaningful negotiations and understand that failure to resolve this dispute swiftly will irreparably damage our city's economy and reputation.”

ENDS