{"id":117657,"date":"2022-10-27T13:24:28","date_gmt":"2022-10-27T12:24:28","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=117657"},"modified":"2022-10-27T13:25:04","modified_gmt":"2022-10-27T12:25:04","slug":"tool-theft-epidemic-in-uk-expected-worse-cost-of-living-crisis-continues","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/plant-equipment-supplies-news\/tool-theft-epidemic-in-uk-expected-worse-cost-of-living-crisis-continues\/117657\/","title":{"rendered":"Tool theft epidemic in UK expected to worsen as cost-of-living-crisis continues"},"content":{"rendered":"

Over half of tradespeople expect the tool theft epidemic to worsen as the cost-of-living crisis continues, with 4 in 5 experiencing tool theft this year<\/h2>\n

A report into the tool theft epidemic has found that as the economic squeeze continues, over half (58%) of tradespeople believe that a rise in tool theft is inevitable.<\/p>\n

The \u2018Tradespeople Against Tool Theft<\/a>\u2019 white paper found that overall, 4 in 5 (78%) tradespeople have experienced tool theft totalling an estimated \u00a32.8bn worth of tools stolen across the UK.<\/p>\n

Three in five (59%) have experienced tool theft in the past year alone, compared to only 17% 1-2 years ago. With tool theft costing the average tradesperson \u00a34,470, construction workers have understandable concerns about the future.<\/p>\n

Increased anxiety and wariness have been reported among tradespeople<\/h3>\n

The report finds a clear impact on the mental health of tradespeople<\/a>, with more than one in six (15%) experiencing increased anxiety and as many as one in five saying they\u2019re consequently less able to trust others as a result of the tool theft epidemic.<\/p>\n

The research also revealed the level of distress can cause people to blame themselves for not \u2018triple checking\u2019 that tools were properly secured.<\/p>\n

Many even cite physical symptoms such as headaches or lack of sleep due to worrying about their tools being stolen.<\/p>\n

James Reeve, a self-employed Midlands-based painter & decorator who recently had his tools stolen, said: \u201cIt\u2019s not like going into a store of a multi-billion pound conglomerate to steal a packet of sweets \u2013 you\u2019re stealing someone\u2019s livelihood. It should be treated in a similar way to an assault because that\u2019s basically what it is. You\u2019re taking people\u2019s belongings, which results in potentially taking food off a family\u2019s table. You don\u2019t know what the impact of it is going to be.\u201d<\/p>\n

Many tradespeople have even been targeted in their own homes<\/h3>\n

39% of tradespeople reported having their tools stolen from their van whilst it was parked directly outside their home.<\/p>\n

A further one in five (20%) say they\u2019ve had tools stolen from their place of work<\/a>.<\/p>\n

Over half (52%) did not have tool insurance at the time of taking the survey, leaving many with little choice but to delay further work as they replace their stolen equipment.<\/p>\n

More action is needed from customers and the government<\/h3>\n

Consumer awareness around tool theft<\/a> is high, with 71% of consumers believing that the average tradesperson has had their tools stolen once or more during the past year.<\/p>\n

Yet, according to the study, over a fifth (23%) of consumers purchased second-hand and\/or refurbished tools, out of which 19% of consumers purchased without making any checks.<\/p>\n

A Bill proposing a requirement for persons selling second-hand tools online to show the serial numbers of those tools in searchable advertisement text and for connected purposes has been in limbo since April 2021, providing little legal support to tradespeople.<\/p>\n

The Stamp Out Tool Theft campaign is being relaunched to highlight the tool theft epidemic<\/h3>\n

Alan Thomas, UK CEO at Simply Business, commented: \u201cWe’ve seen the profound impact of tool theft first-hand, costing tradespeople \u00a34,470 on average. Those on the receiving end are often forced to take time off work, and the financial hit and longer-term repercussions on future business.<\/p>\n

\u201cTradespeople, like so many other business owners across the country, continue to battle rising costs, surging energy prices, and material shortages, all while continuing their recovery from the impact of the pandemic.<\/p>\n

\u201cAt the very least, in the midst of a cost of living crisis, there needs to be wider recognition of the fact that tool theft poses countless problems \u2013 impacting both finances and wellbeing.<\/p>\n

\u201cThat\u2019s why we\u2019re re-launching our campaign to Stamp Out Tool Theft<\/a>. We hope that by shining a light on the scale and depth of the problem, revealing the true stories of those affected, and offering practical support for the community<\/a>, we can contribute positively to change.\u201d<\/p>\n

Lee Wilcox, CEO of On The Tools, added: \u201cTool theft is crippling our industry. It\u2019s an issue that impacts an immense proportion of UK tradespeople and can no longer be ignored.
\n\u201cThe Tradespeople Against Tool Theft white paper was created to reveal the widespread consequences of this crime, from the financial impacts to the emotional consequences and more.<\/p>\n

\u201cI am hopeful that by distributing this white paper to all corners of the construction industry and beyond, we can encourage the issue to be taken as seriously as it should be, improving the situation for UK tradespeople once and for all. I would also like to thank the industry sponsors and supporters of this research for your invaluable contributions.\u201d<\/p>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

Over half of tradespeople expect the tool theft epidemic to worsen as the cost-of-living crisis continues, with 4 in 5 experiencing tool theft this year. <\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[308],"tags":[689,854,753],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-117657","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-plant-equipment-supplies-news","7":"tag-equipment","8":"tag-crime-prevention","9":"tag-safety"},"acf":[],"yoast_head":"\nTool theft epidemic expected to worsen as cost-of-living-crisis continues<\/title>\n<meta name=\"description\" content=\"Over half of tradespeople expect the tool 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