UK Heat Wave Costs Economy Over £1bn
Phys.org1 min read96 words
Britain’s record‑breaking heat wave in June has taken a heavy toll on the economy, a new estimate from the London School of Economics (LSE) shows. The study, released on Thursday, calculates that workers lost an estimated 24 million hours of productivity during the hottest month on record.
The LSE’s analysis translates those lost hours into a cost of £1.15 billion (about $1.5 billion) to the national economy. The figure reflects a combination of reduced output, increased absenteeism, and the need for businesses to adapt to higher temperatures, underscoring the broader economic impact of extreme weather events.
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