Foot and mouth to cost the UK economy £9 billion

- Last updated on GMT

Related tags: England, United kingdom

The foot-and-mouth crisis in the U.K. will cost the economy £9
billion, according to British media reports.Data from the Centre
for Economics and Business...

The foot-and-mouth crisis in the U.K. will cost the economy £9 billion, according to British media reports.Data from the Centre for Economics and Business Research (CEBR​) show that the tourism and leisure industry would be hit the hardest. The English Tourist Council said last week the foot-and-mouth disease was already costing the industry millions every week. The reduced trading also means that U.K. chancellor Gordon Brown will take in £3 billion in tax revenues less than originally expected.< As the number of cases of foot-and-mouth disease in the UK reached 348 the UK government announced on Monday that the army is to be brought in to help clear a backlog of slaughtered animals in Devon. The Ministry of Defence insists Army personnel will not be involved in the culling but will supervise and offer advice to civilian contractors doing the job. On Monday farmers in Cumbria were told the controversial slaughter of healthy animals was necessary to halt the spread of foot-and-mouth. Up to half a million animals within a two-mile (3km) radius of infected farms are set to be culled

Related topics: Market Trends

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