Survey reveals the true cost of traffic jams to businesses

Survey reveals the true cost of traffic jams to businesses

Traffic congestion is costing UK businesses £767 million a year in lost productivity, according to research conducted by TomTom.

The TomTom Traffic Index has found traffic across the UK’s 25 most congested cities and towns increases the time each vehicle spends on the road by an average of 127 hours a year – more than 16 working days. This could equate to a cost of £767,937,250 in time spent sitting in traffic for the 902,500 light commercial vehicles operated in these places. And the situation seems to be getting worse. An average journey in 2015 took 29% longer than it would in free-flowing conditions, up from a 25% delay in 2010.

“Congestion may be seen as a fact of life but it is taking a heavy toll on the UK economy and this should not be accepted,” said Beverley Wise, director UK & Ireland for TomTom Telematics. “Through smarter planning, routing and scheduling, companies can help their drivers to better avoid traffic.”