Insurance Age

Cost of crime in the UK

According to recent research, crime in the UK typically costscompanies around £2,000 a year. The figure was revealed in a survey ofmembers of the Institute of Directors, which also found worryingly lowexpectations of justice from victims of business crime. 42% of businessesthat had been affected by crime had faced higher insurance costs; 41% hadbeen obliged to make alterations to their buildings' layout to improvesecurity; and 23% said that the effect of crime had been to disrupttrading in s

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