Two-wire AlarmSense has been developed to make the design and installation of a fire detection and alarm system easier and more economic for small to medium sized buildings.
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The real cost of fire
1. The Real Cost of Fire
Investing in fire safety is a legal and moral obligation for all businesses, and yet in these
economically uncertain times with rumours of a triple dip recession looming, businesses are
looking to cut cost wherever possible. Recent studies in the UK have shown that when cutting
costs often fire products are one of the first things to be cut back on, with many no longer
meeting the legal requirements for fire alarms and other safety essentials. Interestingly other
studies have shown that for a wide range of reasons fire safety is more important than ever
during a recession. In this UK-FP (UK-FP.co.uk) article we would to look at why this is the case
and the wider costs, for businesses and the economy, when fire safety fails.
During a recession, general unrest is felt in business and personal lives alike, this may be why as
statistics have shown, that there are more fires during a recession, especially in the case of arson
attacks. This, coupled with inadequate fire safety measures, could well be a dangerous mix. The
fire services industry has also been making their own cut backs in this economic downturn with
many fire fighters across the country being laid off; another good reason to be safe rather than
sorry.
It has been gathered from insurance statistics that 70% of UK businesses that have a major fire
incident either never recover or close within 3 years. Post fire refurbishments, loss of critical data
and working hours are often expenses too high to handle effectively, with many businesses
failing to meet insurance pay out requirements. Indeed it is hard to imagine another type of work
place incident that has the potential to cause so much irreversible damage.
There are also several wider implications on the economy following major outbreaks of fire on
work place premises. In 2008 fires cost the UK economy an estimated £8.3 billion due in part to
payments made by insurance companies of 3.6 million per day following outbreaks of fire. Fire
fighter redundancies and any layoffs of staff that occur when companies close due to fire, will
also affect local economies in a negative way.
At UK-FP (UK-FP.co.uk) we can assist proactive businesses in making their work places safe for
the cheapest prices possible during these tough times. If you can find any of our products
cheaper from a UK supplier on the internet we will gladly match the price (terms and conditions
apply). We stock all the leading brands of fire alarms, fire extinguishers and other fire safety
related products and our service doesn’t just end after the original purchase. We can be on hand
with a full after care package of certification, maintenance and reactive call outs and it is this
winning combination that our customers have come to rely on. So when looking to cut back on
costs think twice before cutting back on fire products and ensure a long and prosperous life for
your business.