Archive for the British Chambers of Commerce Tag

Why the “Cost to the economy” of strike action could be misleading

It’s become a modern catchphrase. When planes are grounded, when cars crash, when computers are hacked, and when the earth shakes. There is, it seems, always a “cost to the economy”. Today, with a mass strike over pensions in the UK, the cliche is brought forth again: “The Treasury could save £30m from the pay forfeited by the striking teachers today but
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