
Christmas is famously a time for giving, relaxing and spending time with family. But for London’s retail and hospitality sectors, it is far and away their most important financial quarter. From presents to office parties, it is the time many businesses rely on to get them through the rest of the year.
If these rail strikes go ahead as planned, the capital’s businesses are set to lose out on millions of pounds. The fear is that after surviving repeated lockdowns, many of London’s firms remain in a fragile state and a poor Christmas take — exacerbated by strike-related cancellations — will push some over the edge.