Assessing the impact of bad weather on business productivity
We all love to complain about the weather in Britain but cold, rainy winters have an impact on more than just our moods. Cold snaps cost the UK economy more in lost productivity than any other weather phenomenon, including snow, sleet and floods. The cost to our nation’s GDP is huge. This report reveals that temperatures just one degree centigrade below the minimum average mean GDP is £2.5billion lower across the quarter.