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Workplace Injuries Cost the UK £15bn a Year

Workplace Injuries Cost the UK £15bn a Year

Personal injury specialist YouClaim is urging employers and employees to ensure they are doing everything they can to reduce the risk of accidents in the workplace, as businesses are spending billions of pounds each year to cover the cost of accidents.

The 2017/18 Health and Safety Executive (HSE) reports show that although the number of injuries has gradually declined over the last five years, work-related accidents and illness cost the UK around £15bn last year, with workplace injuries costing £5.2bn. This resulted in 3.9m lost working days due to non-fatal injuries.   

Also, since the introduction of new sentencing guidelines on 1st February 2016, the value of fines collected has increased by 87%, jumping from £38.8m in 2015/16 to £72.6m in 2017/18. Manufacturing was the most fined industry with £27m worth of fines issued, followed by construction at £18.9m and water supply/waste management at £5.6m, which was a 49% increase compared to 2016/17.

Other sectors that saw notable increases in fines were human health and social work at 150% (from £1.8m to £4.5m) and distribution, hotels and restaurants at 70% (from £3m to £5.2m).    

Richard Powell at YouClaim said: “For some companies, fines issued for breaches in health and safety could be the difference between staying in business or facing bankruptcy. Although the new penalties may seem tough, they are in place to urge companies to assess their current health and safety procedures and commit to further improving standards.”

Research carried out by YouClaim into the findings of the HSE’s survey of managing health and safety in the workplace highlighted that a quarter of businesses see the complexity of legal obligations as a major difficulty in addressing issues. Related to this, 17% of organisations see the required paperwork as a difficulty, while lack of resources - either staff or time (19%), money (15%) or expertise/specialist support (10%) - is another problem. 

Mr Powell said: “Competency is the most vital skill to managing health and safety in the workplace, and every level of an organisation should be involved. Training directors, line managers and workers to be more aware of risks and understand what action needs to be taken when a hazard arises will help to promote a safe and healthy workplace.”

To help raise awareness of accidents in the workplace, YouClaim has created a visual guide on the risks that many companies are missing that may increase the likelihood of an incident.

www.youclaim.co.uk

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