‘Ghost strike’ will still take a toll on London business

Business You could almost hear the collective sigh of relief wafting around London on Sunday afternoon when the threatened week-long Tube strike was called off with minutes to spare. Not least at Arsenal’s Emirates football stadium where 60,000 fans were wondering whether they would be able to get home after the FA Cup clash with Liverpool. A full five days of disruption would have bought untold disruption to the first full working week of the year and represented a real kick in the teeth for crucial sectors such as hospitality and retail. The potential loss of output across London was estimated at around £380 million by Panmure…