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TheSite Foot and Mouth Disease News
Sunday, August 12, 2007
Print This Page Cost of foot and mouth tops £2.7bn
UK - The foot and mouth epidemic has so far cost £2.7 billion, the Chancellor said yesterday.A total of £1.25 billion was provided to compensate farmers for the slaughter of animals, £701 million went on disinfecting farms and £471 million was paid under the livestock welfare scheme.
About £156 million went on agri-monetary compensation - paying farmers for differences in exchange rates on support payments which are made in euros - £15 million went on advice and marketing support for farmers and £54 million on grants under the business recovery fund.
advertisementSome £20 million went on rate relief for farmers, £13 million on matched funding for charitable donations, £18 million on tourism promotion and £4 million on reopening rights of way. Further costs, such as deferring farmers' tax payments, have not been included.
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Source: Sunday Telegraph
