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Retailers paying one-third of all UK business rates despite making up only 9% of economy

30 Oct 2024

Retailers and hospitality businesses are paying three times their economic share in business rates, according to analysis by the British Retail Consortium (BRC) and UK Hospitality.
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How much cash do you still accept? Independent cycling retailers can respond to this survey today

30 Oct 2024

ACT parent company Bira is working with UK Finance and other organisations who form the UK’s wholesale cash industry to gain vital information to ensure businesses get the best possible... Read more…

Bira Conference a huge success with ACT members in attendance

25 Oct 2024

ACT members were in attendance at the hugely successful Bira Conference in London last week, featuring an inspiring line-up of speakers providing valuable insights from independent retail... Read more…

Bira cautiously welcomes retail sales growth but calls for continued support

11 Oct 2024

ACT parent company Bira has responded to the BRC-KPMG Retail Sales Monitor for September 2024
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FSB launches blueprint to revitalise UK high streets and boost tourism

3 Oct 2024

The Federation of Small Businesses has launched a new initiative, which it says aims to transform high streets across the UK, by advancing economic, social, and cultural benefits, while also... Read more…

Award-winning gin distillery to open new shop in Morecambe

3 Oct 2024

A family-run gin company is set to open a new distillery and shop in Morecambe.
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‘Largest independent bookshop in the country’ to open in York

3 Oct 2024

Independent booksellers Topping & Company will open a new bookshop over multiple floors in central York in autumn 2025.
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Three quarters of British shoppers would ban paper receipts on eco grounds, new data shows

3 Oct 2024

3 in 4 Britons (77%) would ban paper receipts if they knew how many trees were cut down to generate them – and millennials are the most eco-conscious (rising to 87%).
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Bira Urges Chancellor to Safeguard Independent Retail in Upcoming Autumn Statement

24 Sep 2024

The British Independent Retailers Association (Bira) is set to address critical issues facing the UK's high streets at its upcoming Annual Conference, marking the event's return after a six-year... Read more…

Independent Retailers Association says steady inflation at 2.2% provides stability, but calls for interest rate reductio

19 Sep 2024

The British Independent Retailers Association (Bira) has said the inflation rate holding steady at 2.2% in August provides some stability for the high street - but stresses the Bank of England... Read more…

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Shoplifting now among the most common crime against small firms

Posted on in Business News

Fresh evidence about the increasing problem of thefts from shops has been revealed amid a warning that organised shoplifting is now among the most common type of crimes against small firms.

Shoplifting

The Federation of Small Businesses (FSB) said crimes such as organised shoplifting, drained more than £1,000 from over half of small business victims across England and Wales in the last two years.

One in 10 lost more than £10,000 according to new research by the FSB, which added that firms also faced cybercrime and fraud.

The report, based on a survey of 560 small businesses in England and Wales, also revealed a growing number of reports of organised shoplifting and threatening behaviour towards shop owners and their staff.

More than a third of respondents said they had been affected by at least one traditional crime in the last two years, including vandalism, anti-social behaviour, burglary or robbery.

Among a third of small business victims who reported the crime to the police, three in five said officers did not attend the scene and half believe the police did not investigate after the initial response. Only 3% said the police investigated and made an arrest.

Tina McKenzie of the FSB said: “We’ve been hearing countless reports of organised shoplifting over the past year, and our study further shows how serious and unprecedented the problem is.

“Witnessing our small high-street shops and independent businesses losing their hard-earned money because these crimes are overlooked by authorities is disheartening, not to mention the mental toll on small business owners and their staff.

“What’s more alarming is the explosive rise in cybercrime and fraud from the persistence of phishing emails to sophisticated invoice fraud.

“As more and more small businesses extend their operations to the virtual world, online services providers that hold personal and financial information must enhance their security measures.”

The report follows similar warnings about shoplifting from retailers and the shopworkers union Usdaw.

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