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U.K.: Ban on pesticides could cost food supply chain $4 billion per year, report says

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A report published by The Andersons Centre has said that the present European Union policy of banning some pesticides could cut into the U.K. agricultural industry's profits, Farmers Guardian reports.

The food supply chain could experience economic losses of around £2.5 billion ($4 billion) each year once the policy is implemented in the U.K., the report said. The policy would result in about 87 currently approved pesticides being banned, said the report.

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