Tuesday, February 3, 2009

The British have calculated the loss from the record snowfall.

The record snowfall that hit the UK on 2 February, cost the economy at 1.2 billion pounds (1.7 billion dollars). This writes The Guardian, referring to the preliminary calculations of the British Federation of Small Business (The Federation of Small Businesses).
According to the Federation, because of the snow were not able to work about 20 percent of employees of British companies. In addition, if the cold weather and snowfall will continue, in the first quarter of 2009, went bankrupt about two to three thousands of companies, including in trade and construction industry. Such data leads MakUilyams Douglas (Douglas McWilliams), the executive director of the Center for Economics and Business Research (Centre for Economics and Business Research).
Loss of British economy may exceed the amount called the Federation and to reach three billion pounds (4.2 billion dollars). This writes the Daily Mail. Because of the strong over the past 18 years, snowfall on the job did not get 6.4 million workers.
Recall, February 2, due to drifts and blizzards on the roads, many roads in England, Scotland and Wales, part has been locked. In London, completely stopped the movement of the buses were canceled hundreds of flights at the airport "Heathrow". In some parts of the country have closed schools. Snowfalls also violated the traffic in Europe, including France, Spain, Belgium, Switzerland and Italy.

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