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The results of a recent survey carried out on small businesses, confirmed that 50 percent of the companies questioned had suffered a financial loss due to the poor state of the roads in the United Kingdom. According to the survey, those businesses affected had lost up to £5000 in the last year alone, as a result of the poor road network.

Chairman for the Peterborough branch of the Federation of Small Businesses, Amir Butt, commented on the survey results to say that the road network in the UK is hampering the efforts of small businesses. In addition to the financial cost to a business, they may also experience reduced productivity, as the distribution and receipt of merchandise is slowed down. Staff spend increased amounts of time travelling, placing greater burden on a business. Amir Butt said:

“It is vital that the government rebalances the amount spent on the road network with the amount collected, so that small firms can get on with the job at hand of growing the economy, without worrying about roads impacting negatively on their business.”

Although the government have announced plans to invest in the UK transportation network, the FSB are adamant that it should be targeted to areas which will affect business growth, specifically the road network. Congestion and the poor state of repair are two areas which require immediate attention, as damage is caused to company vehicles and productivity hampered. The FSB believe that a long term strategy is required to improve congestion, rather than a short term fix.

About The Author

Gary Fields

Content Writer working alongside our expert accountants to bring you the latest Tax and Accounting news.

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