Reuters - Video

EDITION: U.S. | U.K. | IN

Small Business

The fungal threat to Brit businesses

Friday, November 09, 2012 - 02:18

Nov. 9 - Inspectors are desperately trying to find out how a fungus from continental Europe arrived in Britain, where its threatening to wipe out the ash tree along with a number of businesses that rely on it. Hayley Platt reports.

▲ Hide Transcript

View Transcript

An ancient craft and one which Carole Pearce has turned into a successful business. She makes arrows used in the sport of archery. But the ashwood that goes to make them is being attacked by a deadly fungal disease. It's known as ash dieback and it's threatening millions of Britain's native ash trees. So far 115 sites across the UK are known to have been affected. Scientists are predicting things will get worse, raising fears. (SOUNDBITE) (English) CAROL PEARCE, OWNER OF "CAROL'S ARCHERY", SAYING: "It will put several people out of work and will affect me, especially if we can't go into woodland. Because most of my arrows are used for field archery which is of course woodland archery. If that stops, that will be the end of the business." Dieback is caused by a fungus called Chalara fraximea. Experts believe it was blown in from mainland Europe, carried on spores. It can be easily spread by walkers carrying the fungus on their boots. Affected trees turn black and eventually die. Mike Ryder from the Woodland Trust says the disease has already devastated parts of France, Belgium and Denmark. (SOUNDBITE) (English) MIKE RYDER, WOODLAND TRUST SITE MANAGER, SAYING: "Potentially 90 percent of the ash trees have died off. Within this country it will significantly change not just our ancient woodlands but other woodlands in there, so our whole landscape could be changed." Last month the government introduced a ban on imports of ash trees from mainland Europe. And the planting of new ones have been stopped. But for some the action has come too late. One nursery was forced to destroy 50,000 ash trees. Now it's considering suing the government for not acting sooner. (SOUNDBITE) (English) MIKE RYDER, WOODLAND TRUST SITE MANAGER, SAYING: "What would be good for the government is to actually begin to tighten up our imports of planted stock. So with that some sort of plant passport so we know exactly where everything has come from, it's very easily traceable, if it is infected it can be traced back very very quickly back to the infected nursery." The government has published a detailed plan for tackling the disease. It accepts it's too late to eradicate it altogether - there's no cure for dieback. But by targetting the cause at least, businesses like Carole's will have a better chance of survival.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

The fungal threat to Brit businesses

Friday, November 09, 2012 - 02:18

Top News »

Investing 201 »

Arian Foster = BlackBerry? Arian Foster = BlackBerry?

Fri, Oct 25, 2013 - (3:16)

Don’t miss these red flags for IPOs Don’t miss these red flags for IPOs

Thu, Oct 10, 2013 - (2:34)

Copycat currency trading Copycat currency trading

Wed, Oct 02, 2013 - (2:28)

When to dump a winner When to dump a winner

Tue, Sep 24, 2013 - (1:55)

Where gold might again attract Jim Rogers Where gold might again attract Jim Rogers

Thu, Sep 19, 2013 - (2:05)

Why savings interest rates won't budge Why savings interest rates won't budge

Fri, Sep 13, 2013 - (2:09)

Buy local? ETFs try the trend Buy local? ETFs try the trend

Thu, Sep 05, 2013 - (2:42)

The better bond funds The better bond funds

Wed, Aug 07, 2013 - (2:40)

Best bargain in 40 years? European stocks Best bargain in 40 years? European stocks

Thu, Aug 01, 2013 - (2:24)

Invest like an activist Invest like an activist

Fri, Jul 26, 2013 - (2:49)

Money Clip »

3 things to do before disaster strikes 3 things to do before disaster strikes

Wed, Sep 18, 2013 - (1:39)

Your must-do money list Your must-do money list

Wed, Sep 11, 2013 - (1:24)

The worst "best" financial advice The worst "best" financial advice

Wed, Sep 04, 2013 - (1:42)

Forget gold: The case for REITs Forget gold: The case for REITs

Fri, Apr 26, 2013 - (1:19)

3 rules for buying a house now 3 rules for buying a house now

Thu, Apr 18, 2013 - (1:39)

“Stalking” your dream home - Money Clip “Stalking” your dream home - Money Clip

Wed, Mar 27, 2013 - (2:50)

3 hidden tax deductions - Money Clip 3 hidden tax deductions - Money Clip

Thu, Mar 21, 2013 - (1:33)

Moving Pictures »

Images of September Images of September

Wed, Oct 01, 2014 - (1:00)

Still missing – MH370 Still missing – MH370

Fri, Sep 05, 2014 - (2:05)

Burning Together Burning Together

Mon, Sep 01, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

Images of August Images of August

Fri, Aug 29, 2014 - (1:00)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Thu, Jul 03, 2014 - (3:25)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)