Business down the tube.
Position | News Round-Up - London's transportation problems - Brief Article |
Poor transport is crippling London and adversely affecting almost 60 per cent of employers, according to a CIMA survey of London's financial managers. More than 40 per cent of respondents said that improving the capital's transport system would have a huge positive impact on their business. Rising transport costs are forcing businesses to consider relocation--only 38 per cent of respondents considered it very likely that their company would still be in London in 15 years' time. Half were planning to move to the regions, while 11 per cent were looking to head overseas. And London's transport problems are likely to get worse--nearly half of...
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