ITS counts cost of fake goods
2 April 2012
Counterfeit goods cost the UK up to £6.5 billion a year, according to the Institute of Trading Standards (ITS).
Counterfeit goods cost the UK up to £6.5 billion a year, according to the Institute of Trading Standards (ITS). David Sibbert, the ITS’s chairman, said that rip-offs cost tax revenue and jobs, as well as allowing unsafe goods to be sold. Trading-standards officers seized £70 million of counterfeit goods last year. The ITS has launched a plan to combat...