Zoom down as rail strikes force millions to work from home

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Bosses have warned that continuing the strikes will cause “incredible” damage to the UK in the short and long term.

Businesses brace for disruption as the biggest walkout on Britain’s railways kicks off today.

The Center for Economics and Business Research has warned that the three strikes taking place today, Thursday and Saturday will have a knock-on effect of at least £91million on the UK economy.

Disruption is also expected on the days in between, as industry leaders have warned of further economic damage as workers choose to stay home.

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What happened overnight

Hong Kong shares opened slightly higher on Tuesday morning, with the Hang Seng index rising 0.5pc.

The Shanghai Composite Index fell 0.05pc, while the Shenzhen Composite Index on China’s second-largest stock exchange was flat.

Tokyo stocks also opened higher. The benchmark Nikkei 225 index edged up 1pc.

coming today

  • Company : DS Smith, Monks Investment Trust, Telecom Plus (annual results); Safestore (temporary)
  • Economy: Sales of existing houses (WE)
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