The Corporation of London survey put the cost of accidents to businesses in the 'Square Mile' at £100million a year and the Cambridgeshire research put the cost of accidents involving locally-owned business vehicles at £40million. Taking these two figures, the average cost of accidents to businesses in each of the UK's 94 counties could be £50-£60million. This would put the total cost to business of road crashes between £4.7billion and £5.6billion.
The call for greater Government support was made at a seminar organised by Cambridgeshire County Council and the Institute of Directors has also endorsed the increasing pressure for greater corporate responsibility. A spokesman said: 'In line with seeking to run an efficient business and keeping costs down, it makes good sense to apply the best practise ideals across all areas of a company, including ensuring employees' safety.'