Skip to main content

Theft epidemic hits one in seven UK firms

Dec 09 2003 by Brian Amble
Print This Article

One in seven firms in the UK have suffered from staff theft, according to a report by insurance company Eagle Star.

Light-fingered staff are estimated to have cost small businesses more than £112 million in the past three years, helping themselves to everything from petty cash to office equipment.

The amount averages £1,000 a year per firm, affecting the bottom line but also making bosses distrust their employees.

Worst hit are plumbers - one in six have seen equipment or money disappear - followed by convenience stores and newsagents.

Related Categories

Latest book reviews

MORE BOOK REVIEWS

Relationship Currency

Relationship Currency

Ravi Rajani

In an era where AI can draft emails and manage our schedules, 'Relationship Currency' is a timely reminder of the importance of investing in genuine human connection.

Lead Like Julius Caesar

Lead Like Julius Caesar

Paul Vanderbroeck

What can Julius Caesar's imperfect story - his spectacular failures as well as his success - tell us about contemporary leadership challenges?

Super Adaptability: How to Transcend in an Age of Overwhelm

Super Adaptability: How to Transcend in an Age of Overwhelm

Max McKeown

Max Mckeown's heavyweight new book draws from neuroscience, psychology and cultural evolution to develop a practical framework for human adaptability. It might also help you move from paralysis into abundance