The Buncefield fallout
One year on from the Buncefield explosion, Paul Reddington examines the effects that this incident has had on businesses and looks at the lessons the market can learn from it
The extent of the damage at Buncefield could be compared to that of a terrorist bomb, previously seen in such places as London and Manchester. However, the explosion was much more powerful - registering 2.4 on the Richter scale. As a result damage was over a much wider area, with properties affected several kilometres away. In fact, the noise was heard 300km from the Hemel Hempstead area. When I visited the scene I saw the metal cladding of many buildings ripped open like sardine cans -
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