A survey by commercial insurer NFU Mutual finds that crime is widespread beyond major shopping areas. It reports that 91% of retailers in rural locations have experienced crime within the past 12 months, a figure described as comparable to the rate reported for urban retailers. Rural businesses included in the research range from farm shops to stores selling machinery and other equipment. The research also estimates the financial impact on affected firms: for each retailer that experiences crime, the average cost during the past year is £83,000. Some retailers report very high losses, with one in 20 victims saying the crime they faced has cost more than £500,000. Taken together, the findings indicate that shoplifting and other forms of theft are affecting a broad range of retailers in both rural and urban areas, and that the costs can be substantial for individual businesses. The results are based on the insurer’s survey of retailers and are presented as evidence that theft-related crime is spreading to, and significantly impacting, more remote communities.
Survey finds crime affecting nine in 10 rural UK retailers
A survey by commercial insurer NFU Mutual finds that crime is widespread beyond major shopping areas. It reports that 91% of retailers in rural locations have experienced crime within the past 12 mont...
- NFU Mutual research finds 91% of rural retailers experienced crime in the past 12 months.
- The report says the rural rate is close to the rate reported for urban retailers (also 91%).
- Rural retailers included farm shops and stores selling machinery and other equipment.
- Average cost for each affected rural retailer over the past year is £83,000.
- One in 20 victimized retailers report losses of more than £500,000.
Nine in 10 retailers in rural locations have been victims of crime in the past year, new research has found. A survey by commercial insurer NFU Mutual found that 91 per cent of rural retailers had experienced crime over the past 12 months, putting them almost level with urban retailers, where 91 per cent also...
3 months agoExclusive: Research shows cost of crime for each affected business was on average £83,000 in past yearNine in 10 retailers based in rural locations have been victims of crime in the past 12 months, according to research, underlining the widespread impact of the rise in shoplifting and theft even in more remote parts of the UK.Rural retailers include farm shops as well as stores selling machinery and other equipment. The financial cost of crime for each affected retailer was on average £83,000 during the past year, according to a survey carried out by the commercial insurer NFU Mutual. Meanwhile, one in 20 victims said crime had cost them more than half a million pounds. Continue reading...
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