British retailers have topped a new EU league by losing at least £3,635m through theft and shrinkage in the last year. The Retail Theft Barometer survey of 400 major European retailers found approximately £18.7bn was lost in total. British retailers lost 1.76% of turnover compared to a European average of 1.42%, up from 1.4% in 2000. Professor Joshua Bamfield, director of the centre of retail research in Nottingham, said his findings suggested food retailers across Europe were seeing 30­40% of theft on 30 high risk lines. Bamfield said: "High value lines such as alcohol, particularly spirits, fresh meat, cosmetics, perfumes, videos and branded teas and coffees were found to be most at risk across Europe. "Razor blades carried the highest risk." {{NEWS }}