Cost of terrorism in the UK – Over £40 billion since invasion of Iraq

Terrorism in the UK has cost nearly £40 billion between 2004 and 2016, according to a European Parliament report. However, the total amount the UK lost since the invasion of Iraq has been well over that amount when accounting for the additional £3bn cost of 2017. Economists also estimated the cost to life and property due to terrorism, came to a staggering €671.9 million (£592 million).