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Railway strike could cost £600 million a day

It has been revealed that millions of people in the UK could struggle to make it to work on Tuesday, 6 April due to the rail strike. It is estimated that 10% of the 30 million UK workforce will be affected which will cost the UK economy around £600 million a day in lost revenue and extra cost. It will be interesting to see whether the rail strike proceeds as planned because it has the potential to cause mayhem in the UK marketplace.

This is just the latest in a long line of industrial action planned for spring and summer in the UK. The UK government is working behind the scenes trying to bring the warring parties together but so far, as with the British Airways and Unite union saga, there has been little to shout about. It is estimated that the four-day Rail and Maritime and Transport Union (RMT) strike could cost around £2 billion in lost hours with other hidden costs.

As we have mentioned on numerous occasions, this flurry of strike activity in UK could not have come at a worse time for the UK government as Gordon Brown has made up much of the deficit in the voting polls. Whether his chances of re-election will be affected by the strike action remains to be seen but there is concern within political halls of power.

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