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Cost of fires in England and Wales falls by £508m

By: Language: English Series: ODPM News Release ; (131624P) 7 April 2006Publication details: 2006Subject(s): Online resources: Summary: Fires cost the economy £7.03bn in 2004, of which more than a third was incurred in respect of fire precautions. The total cost of fire fell by 7% in nominal terms during 2003/4. The average cost of a domestic fire is estimated at £24 900, whilst that of a fire in a commercial building is £43 800.
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Journal article Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 133097-1001

Fires cost the economy £7.03bn in 2004, of which more than a third was incurred in respect of fire precautions. The total cost of fire fell by 7% in nominal terms during 2003/4. The average cost of a domestic fire is estimated at £24 900, whilst that of a fire in a commercial building is £43 800.