There's a kerfuffle going on about a Peninsula report that claims Facebook costs UK plc 233 million lost hours per month, the equivalent of £130 million per day - a claim that was repeated by media outlets including AccountingWEB and BusinessZone.
Yet no one chose to question the maths. Peninsula's assertions don't stand even a cursory screeing. It's just not possible. Work it out. There are some 3.5 million Facebook users in the UK. To lose that amount of time, each and every one would have to be spending 66 hours per month on Facebook for every month of the year. If that were true then UK plc would be going down the toilet and the stink would be noticeable.
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