Drugs and prostitution add £10bn a year to UK economy

Posted by Unknown on Thursday, May 29, 2014


The total figure for 2009 - the most recent year for which data are available - is more than double the £4bn that construction bought to the economy in the same year, and double the amount raked in by the financial intermediation services industry.




The Office for National Statistics has released its first estimate, which covers the years between 1997 and 2009. It said the impact ranges from £7bn to £11bn. More recent data will be published in September




The National Accounts that will be published in September 2014 will include the import, production and sale of illegal drugs and the provision of prostitution services. The ONS say that the figures “will be based on a variety of sources and assumptions”.





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