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Early Cancer Deaths Cost UK Economy £10.3 Billion Annually

Highlighting a multibillion-pound drag on growth, the report urges ministers to advance preventive measures ahead of the government’s 10-year cancer strategy.

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Overview

  • Cancer Research UK’s June 26 analysis calculates that early deaths from cancer cost the UK economy £10.3 billion each year, averaging £61,000 per adult fatality.
  • Young adult fatalities between ages 25 and 49 contribute £3.2 billion in lost output, while lung cancer alone causes £1.7 billion in yearly earnings loss.
  • On current trends, annual diagnoses could reach half a million by 2040, intensifying forecasted losses unless survival rates and early detection improve.
  • The analysis calls on the government to bolster prevention efforts targeting smoking, obesity and alcohol use and to expand early detection programmes such as lung screening.
  • The Department of Health and Social Care is due to publish a 10-year health plan next week aiming to transform cancer care through new diagnostics, technology and community screening centres.