Train strikes have cost half a billion pounds - more than it would have cost to ... trends now
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Rail strikes have so far cost the industry around half a billion pounds – more than the price of settling the disputes in the first place.
Rail minister Huw Merriman yesterday told MPs that industrial action by the RMT, Aslef and TSSA unions was costing the industry £25million per day in the week and £15million at weekends.
Following 16 national RMT walkouts and six by Aslef, with two more planned for February 1 and 3, the cost to the rail industry alone is likely to exceed £500million.
Across 80,000 staff for Network Rail and 15 train firms, this would equate to a one-off payment of around 15 per cent – compared to the inflation-level rises of 10 per cent that union barons demanded at the start of the dispute.
Rail minister Huw Merriman (pictured) yesterday told MPs that industrial action by the RMT, Aslef and TSSA unions was costing the industry £25million per day in the week and £15million at weekends
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