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London Underground Strikes: The West End is afraid that strikes will ruin expectations for a sales boom

Since the beginning of the pandemic, shops and restaurants have had the busiest weekends, and it was expected that a large number of people would gather in the center. London Seeking a discount transaction. However, the threat to the five major lines means that expectations for the long-awaited increase in earnings have been wiped out at the worst of times.

Jace Tyrrell, CEO of New West End Company, Oxford Street, Regent Street, Bond Street and Mayfair, said:

“The last 20 months have been tough for West End companies, so it’s important to provide as much support as possible this Christmas to start 2022 in a strong position. Suspending public transport options for visitors to the area, not to mention the 150,000 working people, would be very confusing. “

Transport Minister Grant Shapps said: Industrial activity at this time could hinder recovery and hurt not only TfL’s finances, but also businesses around the capital that depend on people who can travel. “

Strikes occur after a rapid increase in the number of shoppers visiting the West End for several weeks. Footfalls are now at or above 2019 levels over the weekend, just about 20 percent below pre-pandemic levels throughout the week.

Foreign tourists are slowly recovering, especially for Chinese and other Far Eastern shoppers.

London Underground Strikes: The West End is afraid that strikes will ruin expectations for a sales boom

Source link London Underground Strikes: The West End is afraid that strikes will ruin expectations for a sales boom

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