The cost of anti-social behaviour has cost UK businesses £9.8 billion in 2011, with the damage and cost expected to rise this year. Recent research conducted by One Poll on behalf of RSA insurance surveyed managers of 1000 UK businesses from various sectors throughout the UK.
The study revealed a cost of £4000 for each business within the UK just to cover the cost of anti-social behaviour, including vandalism, petty theft, graffiti, litter, broken windows, harassment and intimidation. According to the results of the survey, the problem is set to continue in the future.
Nearly 20 percent of businesses were impacted by anti-social behaviour in 2011, costing each business an average of £20,000 to rectify. The most common examples of anti-social behaviour to affect a business are petty theft and smashed windows and doors. As the economy remains volatile this year, the problem of vandalism and yob culture is expected to increase according to 37 percent of respondents.
The commercial managing director of RSA, Jon Hancock, points out that the prevalent yob culture of the UK is negatively affecting businesses throughout the country. He states that hard working businesses are paying for anti-social behaviour in the UK. He further stated:
“The importance of businesses preparing for the risks they face and having the right level of protection in place should not be underestimated.”
The results of the research indicate that the problem will be even more costly this year, and Hancock advises businesses to plan ahead. A contingency plan prepared with a small business accountant will prepare for all eventualities.
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