FSB 'highlights' impact of criminality on small businesses
17 July 2008

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The Federation of Small Businesses (FSB) has highlighted the impact of crime on small retail businesses, it has emerged.

According to the FSB, criminality costs businesses within this sector £19 billion annually, with police statistics showing that businesses are the recipients of 20 per cent of all criminal activity.

"The government is rightly keen to regenerate deprived areas of the country. However, they cannot do so if local businesses are closing to move elsewhere," said John Walker, policy chairman for the FSB.

"One in three small shops has been the victim of intimidation or threatening behaviour in the past year," he added.

Indeed, of those businesses affected by crime, 40 per cent do not report the activity against them, according to the FSB.

Established in 1974, the FSB represents the UK's small business sector.

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