8 Ways The Tube Strikes Are Fantastic For London Business

8 Reasons The Tube Strikes Are Great News For Business
|
Open Image Modal
LONDON, ENGLAND - FEBRUARY 05: Commuters crowd on to a tube at Oxford Street station on February 5, 2014, in London, England. Today marks the first full day of a 48 hour strike by London underground workers. Workers on London's Underground train system began strike action at 9:00 pm on Tuesday February 4, causing chaos for commuters arriving for work this morning. (Photo by Dan Kitwood/Getty Images)
Dan Kitwood via Getty Images

London's tube strike may frustrate thousands of Londoners, but there is an upside from the RMT union's decision to bring the London Underground to a halt.

The London Chambers of Commerce estimate that the tube strikes cost London business £50 million a day, but there are a variety of benefits for staff and firms that plan for this by embracing flexible working and allowing employees to work from home.

Here are eight reasons the tube strikes could be fantastic news for businesses as staff are able to dodge the commuting grind and not waste time on London's glacial transport system.

8 reasons tube strikes help business
You'll be less stressed(01 of08)
Open Image Modal
How could you not be when you avoid transport carnage like this? According to a poll by OnePiece, many London workers (65%) were stressed out by having to travel to work through the strike chaos and so around half (40%) say they'll work from home.
You'll benefit the local economy(02 of08)
Open Image Modal
As by not travelling into work, you'll be more likely to visit nearby shops and so could be buying lunch, a cheeky snack or whatever else in different places for a change.
You'll save money and time(03 of08)
Open Image Modal
Londoners will save on average 77 minutes and around £5 on travel per day by not taking on the capital's transport system and working from home.
You'll be more creative (04 of08)
Open Image Modal
Four in ten (38%) of workers said they felt more creative when working out of the office, a report by Microsoft for Anywhere Working found in 2012.
You'll be MORE engaged in work(05 of08)
Open Image Modal
72% of managers said there was a link between extra employee engagement and flexible working, according to a Regus survey.
You'll work harder (06 of08)
Open Image Modal
70% of managers reported an increase in productivity once they got staff to embrace working out of the office, a poll by Regus found.
So. Much. Harder (07 of08)
Open Image Modal
A poll by Ipsos MORI in 2012 found that staff working from home tend to overcompensate for being out of the office - as 47% of them try to be "extra visible" by sending extra emails and making more calls.
And finally, your company will earn more(08 of08)
Open Image Modal
A survey of 2,500 senior managers by Regus found that 63% of tem linked an increase in revenue to more flexible working and having staff work from home.