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UK heatwave cost economy over £1 billion, study finds

A recent study indicates that the June heatwave in the U.K. resulted in a significant economic loss, estimated at over £1 billion. The research, conducted by the Grantham Research Institute on Climate Change and the Environment and the Euro-Mediterranean Center on Climate Change (CMCC), found that millions of working hours were lost due to the extreme temperatures. The study also highlighted that heatwaves disproportionately affect vulnerable groups, exacerbating existing inequalities in the labor force. AI

RANK_REASON The cluster reports on findings from a new study about the economic impact of a heatwave, which falls under research. [lever_c_demoted from research: ic=1 ai=0.0]

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UK heatwave cost economy over £1 billion, study finds

COVERAGE [1]

  1. Forbes — Innovation TIER_1 English(EN) · Jamie Hailstone, Contributor ·

    June Heatwave Cost U.K Economy More Than £1 Billion, Study Finds

    The UK's June heatwave caused 24 million lost working hours and a £1.15 billion economic hit, according to new research.