Home theft expected to rise with unemployment rate

Homeowners have been urged to be cautious about their security with recession-related theft predicted to rise in the UK over the next six months.

The expected hike in theft is being linked to the growing unemployment rate, which has reached two million. The Co-operative Insurance has predicted that men under 25 will be the most likely to turn to crime and that it will take between three and six months for the increase in thefts to become evident, following the rise in unemployment.

James Hillon head of home insurance at The Co-operative, said: "History has shown that in times of high unemployment there is a direct link to a surge in

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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