Posts Tagged ‘LSE’

Snow is bad for business!

Monday, February 2nd, 2009

The economy is expected to lose £1.2bn both on Monday and Tuesday and smaller losses during the rest of the week due to the biggest snow storm in almost 20 years.  It is assumed that 20% of the UK workforce (6.4 million people) were off work today because of current weather conditions. Even the London Stock Exchange was struggling with trade volumes as  workers struggled to overcome problems with the public transport.