Gridlock on Britain's roads is costing families 500 a year in wasted time and fuel
00:58 GMT, 10 December 2012
Gridlock on UK roads is costing every motoring family in Britain nearly 500 a year as the 4.3billion price of jams is passed on to consumers, a new report reveals today.
The lost time alone wasted in gridlock adds up to 331 per family.
Some 52 per household is wasted on fuel — and the costs passed on to households by firms whose businesses are hit by gridlock which delays freight and wastes employees’ time equates to around 107 per family, or 1.1billion in total.
The cost idling in traffic in London is 15.19 compared to the UK national average of 12.51
The report from traffic information provider INRIX — whose data is used in sat-nav systems — and the Centre for Economics and Business Research reveals that traffic congestion costs Britain’s commuting families approximately 491 per household.
It says: ‘These costs are a result of the direct impact of traffic on drivers in terms of wasted time and fuel as well as indirect costs to U.K. households resulting from businesses passing these same costs on to consumers in the form of higher prices.'
The cost idling in traffic in London is 15.19 compared to the UK national average of 12.51.
Inrix chief executive Bryan Mistele said: 'Traffic congestion impacts everything from how long it takes us to get to work and the amount of fuel we consume in our vehicles to the costs of food at the grocery store.
'As the UK continues facing times of austerity and high unemployment, the study indicates the efficient movement of people and commerce across our road networks is essential to fostering a healthy, vibrant economy.'
The costs passed on to households by firms whose businesses are hit by gridlock which delays freight and wastes employees' time equates to around 107 per family