Royal Wedding Bank Holiday Tube Strike: Least Disruption for SMEs

A future tube strike in London would cause the least disruption for the capital’s small businesses if it was held on a bank holiday, the Forum of Private Business (FPB) has said. The business group’s comments followed reports that industrial action from London Underground train drivers is likely to take place on the Royal Wedding day on 29th April. The FPB said if industrial action is planned, the Royal Wedding bank holiday was the best day to have it for small firms. “It would have the least effect on workers being able to travel and so would not damage London businesses as much as previous strikes.” said FPB spokesman, Phil McCabe. “Small businesses rely heavily on their key staff so if they are based in London a tube strike can be disruptive, although most office-based... »

Ash Cloud Disruption  Costly for Small Businesses

Ash Cloud Disruption Costly for Small Businesses

Staff absences and undelivered supplies caused by disrupted air travel due to the Icelandic volcano eruption will hit small firms’ cashflow, business groups have warned. The ash cloud caused by the eruption led to approximately 150,000 people being unable to return to the UK, according to the Association of British Travel Agents, because flights were grounded nationwide. Absence management consultancy, First Care, has estimated that the resulting employee absence will cost UK business more than £3 million per day. “Employers should be aware of the impact on cashflow of a drop in productivity because of employee absence,” said a Forum of Private Business (FPB) spokesman. Commenting on the impact on the delivery of supplies, the Confederation of British Industry (CBI)... »