this post was submitted on 07 Jan 2024
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UK Politics

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The mayor of London, Sadiq Khan, said the strikes would have cost the hospitality industry £50m alone, and the suspension “shows what can be achieved by engaging and working with trade unions and transport staff, rather than working against them”.

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[–] [email protected] 4 points 8 months ago

I don't see the £50m in quite same way as you do; I see it as the "opportunity cost" of the strikes - and it often seems to be the case that the opportunity cost is much higher than what it would cost to negotiate and settle (by extension, it also seems that employers / governments playing hardball with workers is probably based more on ideology than on financial sense).

I believe we share the same sentiment though; these RMT folks are critical to the economy and they should be treated (and compensated) as such.