Opened the debate
Over recent years, there has been a sharp increase in the theft of tradespeople's tools, usually from vehicles. One in 10 tradespeople can expect to have their tools stolen this year, and the same proportion have already experienced three or more such thefts in their career. The impact on an individual or small business from the theft of critical tools goes well beyond the value of the tools themselves, with average losses including repairs to damaged vehicles costing about £1,300 and loss of work amounting to almost £2,000. Additionally, 40% of victims report a negative reputational effect, and one in 10 describe it as significant damage. The construction industry has one of the highest suicide rates in the UK compared with other occupations and professions due to such thefts.