Our research shows loneliness costs UK employers £2.5 billion a year.

This week we launched a report in conjunction with the Jo Cox National Commission on Loneliness which shows that the cost of loneliness to UK employers is £2.5bn a year.

The research was carried out by the New Economics Foundation. It is the first time a figure has been placed on the economic cost of loneliness to employers.

We also announced at the end of last year that our research with British Red Cross, has helped us to understand that loneliness doesn’t just affect those in later life; it affects people of all ages and often occurs at key ‘trigger points’ such as: becoming a new mum, divorce / separation, health or mobility changes, retirement, or bereavement. And that it is estimated to affect some 9 million people across the UK.

We will be sharing this research with other businesses to find new ways of tackling this important issue.  We have already committed to extending our Employee Assistance Programme to provide confidential support for colleagues who are experiencing loneliness.

If you would like to find out more about Charity Partnership campaign to tackle loneliness, please visit www.coop.co.uk/loneliness @CoopUK #TacklingLoneliness

If you would like to find out more about the Jo Cox National Commission on Loneliness, please visit www.JoCoxLoneliness.org @JoCoxLoneliness #HappyToChat

Barry Clavin
Group Ethics, Sustainability and Campaigns Lead