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6/16/14

Britain - Economy: Illegal drugs and prostitution add euro 12.5 bn to UK economy under new EU rules

The sex trade and drug dealers are worth 0.7 per cent of GDP, equal to the value drawn from agriculture, publishers and accommodation services.

The new rules means the Office for National Statistics (ONS) will for the first time include illegal activities into the value of goods and services.

The ONS have estimated based on 2009 figures that prostitution and drugs add £5.3billion and £4.4billion respectively to the British economy.

Between 1997 and 2009 the impact from the activities range from euro 8.78 billion to euro 13.80 billion.

A spokeswoman for women's charity Eaves said: "Eaves is surprised and saddened that illegal activities, crime, abuse, suffering and violence would be considered as part of the GDP.

"Given that the entry routes to prostitution and the barriers to exiting prostitution are known to commonly include childhood sexual violence, domestic violence, neglect, abuse, poverty, destitution, coercion and addiction - it is humiliating and frankly frightening to see such human tragedy financially valued and counted as 'productive'.

"It is just one more way in which human lives, women's lives in particular, are devalued, objectified and commodified and another step on the road to the normalisation of pimps as businessmen."

Read more: Illegal drugs and prostitution add euro 12.5 bn to UK economy under new EU rules | UK | News | Daily Express

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