‘Wholesale, retail face largest number of crimes’

Wholesale and retail sector face largest number of crime out of any UK industry, a new research has found, which also shows that the two sectors are also the riskiest industries for workers.

According to a new research by money.co.uk, wholesale and retail, where more than two in every five companies (42 per cent) reported being victims of crime, emerged as the sector most hit by crime.

In the overall ranking of the riskiest industries for UK workers, the wholesale and retail trade comes seventh with a score of 5.18/10. This is based on the number of workplace illnesses and injuries.

Alongside falling victim to the largest number of crimes, the wholesale and retail industry also ranks in the top 7 for the highest number of fatal injuries, with an average estimated incidence of 15.

Transport, accommodation, and food have the second highest prevalence of crime with over a third of these businesses (36 per cent) experiencing crime. Business services recorded the lowest crime rate at just 14 per cent, well below the industry average of 28 per cent.

Kyle Eaton, money.co.uk business insurance expert, said, “A business in any industry should have good business insurance. This means a policy that has the right amount of cover for the business’ needs at the best price. Depending on how risky your operations are, the cost of your policy will change.”