Yob culture costing businesses over £9bn

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Yob culture is a growing issue for British business, causing losses of £9.8bn last year alone, according to newly-published research.

Businesses affected by thefts and vandalism are also expecting their costs to rise in future as a result of the problems.

The national total translates to an average cost of £4,000 for every business in the country, the study for insurer RSA found.

Troublesome behaviour included petty theft, broken windows and doors, graffiti, litter and intimidation or harassment.

Almost one in five businesses were affected by the yob culture last year.

That meant each of the businesses affected faced an average bill of just over £20,000.

Broken doors and windows, along with petty theft were said to be the most common problems experienced.

More than a third of businesses, 37 per cent, say they expect yob culture to increase this year as a result of continuing economic volatility.

Jon Hancock, RSA managing director, commercial, said: “This research shows that Britain’s yob culture is having a tangible and negative impact on British businesses up and down the country.

“Whether it’s petty theft, broken windows, intimidation and harassment or graffiti, honest businesses of all sizes and types right across the country are footing the bill for what is socially unacceptable behaviour.

“The importance of businesses preparing for the risks they face and having the right level of protection in place should not be underestimated.

“This research shows that UK businesses expect yob culture to cost them more this year, so I would encourage all employers to carefully consider how they can protect themselves in order to safeguard the future welfare of their business.”

:: The research is based on responses from 1,000 UK business managers from selected industries across England, Scotland and Wales.

It was conducted in January 2012 in collaboration with One Poll.