Industrial action had a noticeable but limited impact on economic growth in 2022, as lost working days hit a 34-year high, but further strikes are set to weigh more heavily on the UK this year. For its part, the ONS said it had only seen ‘anecdotal evidence’ to suggest rail and postal strikes had hurt businesses ‘across a wide range of industries’ over the quarter. However, others were more resilient, with high street stalwarts Greggs, Next and M&S all shrugging off the impact of strikes. The ONS highlighted the contraction in human health and social work activities, where strikes weighedWith regard to postal strikes, the ONS highlighted ‘businesses engaged in financial planning, hospitality, computer repair, and management consulting’ as among the worst affected. This week is set to be a busy week for industrial action

Source: Daily Mail February 16, 2023 00:44 UTC