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Implementing new Menu will cost industry £39.75 million

The FSA has estimated that the additional one-off cost to firms of implementing and complying with the new Menu rules will be £39.75m.

This will include the costs of management time, training costs, the rewriting of compliance manuals, and the system costs of preparing and updating the menu, amongst other things.

The ongoing compliance cost to firms will be £22m a year, mainly due to having to explain the menu to clients.

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