The total estimated cost for implementing the speed limit change from 30 mph to 20 mph, including the cost for changing signs and markings on roads, has been published in the Regulatory Impact Assessment (RIA) undertaken by the Welsh Government on 20 mph speed limits. The published document gives a breakdown of road sign costs. These costs are several times lower than the Department for Transport (DfT) cost estimates of conversion of road traffic signs to metric units in cash terms despite 50% inflation during the 16-year period between the two reports.
Continue reading “Welsh road signs in 2022 cost small fraction of DfT estimates in cash terms despite 50% inflation since 2006 DfT metric conversion report”Tag: metric conversion
Just how much does not being fully metric cost the UK economy?
One of our regular readers, John Frewen-Lord, has compiled a quiz, or rather two quizzes, to illustrate the waste resulting from the UK’s measurement muddle. The editors of Metric Views are unsure why a penalty of £1 per second has been chosen when scoring the quizzes – this pay rate surely applies only to top bankers, Premier League footballers and workers changing traffic signs for the DfT. If readers are equally puzzled, John will no doubt explain. Anyway, pen, paper, calculator and timepiece at the ready please ….
Continue reading “Just how much does not being fully metric cost the UK economy?”
Metric Views 