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StressEquality, diversity and inclusionDisabilityLatest NewsMental health

UnumProvident report reveals mental ill health costs the UK economy £10bn a year

by Personnel Today 12 Mar 2007
by Personnel Today 12 Mar 2007

Mental ill health costs the UK economy £10bn a year, claims a report by a leading disability insurer.

A study by UnumProvident,  in collaboration with analysts Oxford Economics, estimated that 10 million working days were lost due to stress, depression and anxiety in 2005/06.

The study examined official government figures from the Department of Work and Pensions and the Health and Safety Executive.

Joanne Hindle, UnumProvident’s corporate services director said: “Mental ill health is impacting on the UK economy as well as the lives of individuals, their families and their work colleagues.”

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It also revealed that 55-59 year olds are likely to experience mental ill health the most, with mental and behavioural disorder incapacity benefit claims rife in Liverpool, Manchester and Glasgow.

“A relatively small investment [in government spending] on early intervention and rehabilitation has commensurate benefits, providing hope and belief for individuals and financial benefits for the UK economy,” Hindle added.

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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