A record June heatwave in the UK is estimated to have substantially reduced economic output, according to research cited by multiple outlets. The London School of Economics (LSE) estimates that the heatwave results in about 24 million lost hours of work, reflecting time missed as workers adjust to extreme temperatures. The study puts the overall economic cost at roughly £1.15 billion (about $1.5 billion). Reporting highlights that the impact is tied to disruptions across workplaces and public settings, including conditions in homes, workplaces, and transport networks. It also notes that sectors involving outdoor or physically demanding work see larger effects, with construction and agriculture mentioned alongside other parts of the labour market where workers reduce hours to cope with the heat. The figures describe the heatwave as a measurable economic shock rather than only a short-term discomfort, with productivity losses accumulating over the period of extreme weather.
June heatwave cuts 24 million work hours, costing UK economy about £1.15 billion
A record June heatwave in the UK is estimated to have substantially reduced economic output, according to research cited by multiple outlets. The London School of Economics (LSE) estimates that the he...
- A study by the London School of Economics estimates the June heatwave causes about 24 million lost work hours.
- The estimated economic cost is about £1.15 billion (about $1.5 billion).
- The analysis attributes the losses to workers cutting hours due to extreme temperatures.
- The impact is linked to disruptions in workplaces and public infrastructure, including transport.
- Sectors highlighted as affected include construction and agriculture, along with other workers.
Scorching temperatures exposed shortcomings in Britain’s homes, workplaces and public transport.
2 hours agoEngland's record June heatwave triggered a $1.5 billion economic hit as construction, agriculture and other workers cut hours to cope
2 hours agoBritain's record-breaking June heat wave resulted in some 24 million lost hours of work, costing the economy £1.15 billion ($1.5 billion), according to an estimate released Thursday by the London School of Economics (LSE).
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