Post Profile






Britain's rubbish infrastructure cost the economy £6 billion last year

Delayed and cancelled infrastructure projects are costing the UK almost £70 million per day, and cut UK GDP by £6 billion in the past year, according to new research from design and consultancy firm Arcadis. A new report from the firm, dramatically titled "The Spiralling Cost of Indecision" shows that for every minute a major transport infrastructure project is delayed, the potential cost is as high as £48,000, which over the course of a 24-hour period stacks up to more than £69 million.
read more

share

Related Posts


How Britain Calculates Its Hooker "GDP Boost": 60,879 Prostitutes x 25 Clients Per Week x £67.16 Per Visit

Business & Finance : Zero Hedge

First it was Italy which, as we reported last week, had decided to "boost" its GDP by adding the estimated impact of cocaine and hookers. And now, riding on the coattails of this economics gimmick designed solely to make the economy...

Royal Mail to cut more costs

Business & Finance : Business Report

Britain's Royal Mail projects an increased level of cost cuts as it battles to boost the profitability of its domestic letters and parcels business. ||| London - Britain's Royal Mail has projected an increased level of cost cuts as ...

Britain close to losing “AAA” status

Business & Finance : Business Report

A lifeless economy and slow progress in cutting spending is expected to cost Britain its top-notch credit ratings this year. ||| London - A lifeless economy and slow progress in cutting spending is expected to cost Britain its place...

Britain's horrific floods are going to cost more than £1.5 billion in economic losses

Business & Finance : Business Insider: Clusterstock

The prolific flooding, which has caused devastation across much of the north and north west of England over the past month, could cost the UK economy more than £1.5 billion ($2.24 billion) in economic losses. According to a report r...

A 'Hard Brexit' is going to cost Britain's economy £66 billion a year in lost revenue

Business & Finance : Business Insider: Clusterstock

Britain's government predicts that a "Hard Brexit" — Britain leaving the European Union without access to the Single Market — will cost the UK £66 billion ($81.2 billion) a year in lost tax revenues. According to "leaked government ...

Comments


Copyright © 2016 Regator, LLC