Firms rising costs as crime soars

Crime against businesses is on the increase and is now costing small firms an average of £13,500 a year, according to the Federation of Small Businesses (FSB). Their revealed that 64% of small firms were victims of crime in the past year – a rise of 7% since 2006. The survey also highlighted that the sectors that experienced the highest levels of crime were hotels and restaurants, and the motor vehicle sales and repairs sector. FSB national policy chairman John Walker said: “We are concerned that the figures are much higher as our survey indicates that only 45% of firms that experienced crime actually reported it,” The survey found that the most frequent crime experienced by small firms over the last year was vandalism, followed by vehicle damage, threatening behavi... »

1 in 5 Crimes are Against Business

New initiative launched to help business fight crime. New initiative launched to help business fight crime. 1 in 5 crimes committed in the UK are against business, according to a report by the Federation of Small Business (FSB). However, only 1 in 8 of those incidents are reported to the police because business owners feel that they are a low police priority. The FSB, in conjunction with the Coalition Against Crime (CAC), have launched a joint campaign called Every Crime Every Time. The idea of the initiative is to report every crime committed against a business, no matter how trivial they may seem. Scottish Local Retailer magazine, which originally ran the scheme, has allowed the FSB to use the Every Crime, Every Time name and to extend the scheme throught the United Kingdom. Noting the f... »