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Rachel Reeves is missing a £12 billion opportunity to save lives and grow the economy

3 1
29.03.2025

27 March 2025, 11:09

By Steve Cole

The Chancellor’s room for manoeuvre in the Spring Statement has been seriously curtailed by a loss of ‘fiscal headroom’ since the Autumn Statement.

In essence, this means that she needs to find new sources of money or make savings.

One area the Spring Statement failed to cover could provide billions to the UK economy while saving thousands of lives.

RoSPA research shows that accidents cost the UK a minimum of £12 billion a year through a combination of lost working days and NHS costs. Ten times as many working days were lost to accidents as strikes in 2023, further straining productivity.

Tragically, rates of accidents and associated costs continue to rise, with a 42 per cent increase in accidental deaths in the UK since 2013. Yet, accident prevention receives far less political attention than welfare and business spending, despite........

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