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How the UK’s dependency on cars slows down the economy

By Renaud Foucart, Senior Lecturer in Economics, Lancaster University Management School, Lancaster University

The UK government makes a lot of money from cars. It taxes car ownership, it taxes the fuel, and it is about to charge drivers of electric vehicles by the distance they travel.

But Britons’ reliance on their 34 million cars also comes at great expense to the economy. Heavy traffic and congestion costs £7.5 billion a year in wasted time. An

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