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Crashes cost the economy

by OldRidgeback
Tue, Sep 28, 2010 16:38
3

The UK Government’s annual report on the number of road deaths and injuries shows that in Britain in 2009 2,222 people were killed while, according to police statistics, 24,690 were seriously injured. However, the real figure is estimated to be closer to 80,000 when data from other sources are taken into account.
For the first time the Government has estimated the total cost of road deaths and injuries to the economy, taking into account under-reporting of injuries by police and using other data sources. This estimate has put the total cost to the economy of all road crashes in Great Britain in 2009 at US$52.2 billion, with each road death costing US$2.5 million. The previous estimate from 2008 stood at $28.3 billion but this failed to take into account under-reporting.

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Fish_n_Chips | 13 years ago
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Safer riding/driving = more money to pay debts or repair the pot holes! 19

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Tony Farrelly | 13 years ago
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They didn't… here's a quote from our coverage of the stats 1

"The DfT report also includes a valuation of the cost to the British economy of all the death, misery and destruction that occurred on Britain's roads in 2009. That figure is £15.82bn the cost of quite a big war, by comparison the financial cost to Britain of fighting in Afghanistan from 2001 until now is put at £10bn."

http://www.dft.gov.uk/adobepdf/162469/221412/221549/227755/rrcgb2009.pdf the bit about the valuation of the cost of prevention is on page 32

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roadracedave | 13 years ago
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This could be a stupid question, but why has the UK government worked out the cost in US$?

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