Since joining Bionic in 2023, Laura has used her skills to create content around business energy, connectivity and insurance. Whatever the topic, she's no stranger to breaking down information, making it easy to read and accessible to all business owners.
New research by business insurance experts at Bionic , aided by the nation’s police forces, reveals the UK’s shoplifting hotspots. The study shows that shoplifting cases surged by 26% in the UK in one year from 2022-23, with an average of 7.1 shoplifting crimes logged by police per 1,000 people.
When you’ve just started up your small business, it can be easy to think you won’t need insurance. After all, you’re only a small business - what’s the worst that can happen? But, many business owners think they don’t need insurance and get caught out when they least expect it. Armed with accurate information, let’s debunk the top 10 myths about business insurance to keep you protected.
"Overall, our study highlights a concerning rise in shoplifting across the UK. The recent increase in theft — up by 26% year-on-year in the UK — is undoubtedly linked to the current economic pressures, as people struggle with the cost of living.
“For small businesses in particular the impact can be devastating, especially for those without the resources to invest in things like security measures and using physical deterrents.
“That’s why it’s more important than ever for businesses to review their insurance policies and make sure they’ve got the right insurance cover in place — especially when it comes to coverage for theft. With the right insurance, businesses can at least mitigate some of the financial impact and protect their future.” - qwoted in Talking Retail "Research Pinpoints UK Shoplifting Hotspots"