It's going to have more of an effect than that. Less immigration? More emigration? Lots more 10 pound poms in Australia? Transport links of all kinds, air, sea, rail, road and canals?
Housing problems, many houses were already unfit, how are they to be replaced? The design of houses would need to be looked at. Industry would be affected, even if it's just by people being unable to get to work on time.
In 1963 my mum was without running water for three months, must have been fun with my brother still in nappies. The pipes froze. Imagine that happening every couple of years.