Tube strike: how much will it cost London businesses?

Figures for lost productivity and spending range from £10m to £300m – but who is right?

Newspapers will be full of pictures of frustrated commuters in London today, as a 24-hour Tube walkout leaves many facing arduous journeys by bus, taxi or on foot to get to work. For businesses, staff lateness and absence is costly in terms of lost productivity. Shops in the capital also complain that they will lose valuable custom during a busy shopping season.

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