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Cycling club raising funds for youth bike maintenance workshops and 'go slow' inclusivity initiative

21 Nov 2024

A local cycling club is raising money and seeking donations and assistance in order to teach bike maintenance to young people through a series of workshops in 2025.
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Bira meets with Treasury members to discuss Budget concerns and business rate reform proposal

17 Nov 2024

Bira has held a meeting with members of the Treasury team to discuss concerns following its robust response to the Government’s recent Budget announcement.
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ACT teams up with Saledock to supercharge bike shop efficiency and customer experience

14 Nov 2024

The ACT has announced a dynamic partnership with Saledock - an all-in-one POS, eCommerce, and inventory management platform tailor-made for bike shops and workshops.
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'Devastating and out of touch' - independent retailers react to Budget bombshell

1 Nov 2024

Independent retailers across Britain have reacted with dismay to yesterday's Budget, with many warning of store closures, job losses and cancelled expansion plans.
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Devastating Budget Delivers Triple Blow to Independent Retailers, Says ACT and Bira

30 Oct 2024

The British Independent Retailers Association (Bira) and the ACT have condemned today's Budget as the most damaging for independent retailers in recent memory, with... Read more…

Retailers paying one-third of all UK business rates despite making up only 9% of economy

30 Oct 2024

Retailers and hospitality businesses are paying three times their economic share in business rates, according to analysis by the British Retail Consortium (BRC) and UK Hospitality.
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How much cash do you still accept? Independent cycling retailers can respond to this survey today

30 Oct 2024

ACT parent company Bira is working with UK Finance and other organisations who form the UK’s wholesale cash industry to gain vital information to ensure businesses get the best possible... Read more…

Bira Conference a huge success with ACT members in attendance

25 Oct 2024

ACT members were in attendance at the hugely successful Bira Conference in London last week, featuring an inspiring line-up of speakers providing valuable insights from independent retail... Read more…

Bira cautiously welcomes retail sales growth but calls for continued support

11 Oct 2024

ACT parent company Bira has responded to the BRC-KPMG Retail Sales Monitor for September 2024
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FSB launches blueprint to revitalise UK high streets and boost tourism

3 Oct 2024

The Federation of Small Businesses has launched a new initiative, which it says aims to transform high streets across the UK, by advancing economic, social, and cultural benefits, while also... Read more…

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More people leaving shops without paying amid cost-of-living crisis

Posted on in Business News, Cycles News

This covers the type of theft where on the spot payment is expected. It can include leaving a restaurant without paying the bill, putting fuel into a car and driving away, jumping out of a taxi without paying, or failing to scan items in a shopping basket through a self-service till.

It could also involve using a credit card to buy goods without the authority to use that card, depending on whether the card company honours the payment. The increase in this type of offending is partly due to shops reopening after the pandemic - but it also comes as costs are rising at an unprecedented rate.

These rising figures coupled with the cost-of-living crisis have raised fears that many may turn to this type of offending through desperation. Andrew Goodacre, CEO of the British Independent Retailers Association (Bira), says:

“It is disappointing to see the increases in making off without payment.

"This type of event is damaging to retailers whose margins are already being eroded due to the rising costs of running a business. The increase may reflect shops being open as usual, but I believe there may also be other factors starting to influence this.

"The cost-of-living crisis will invariably influence consumer behaviours and desperate people will do desperate things."
In almost eight out of 10 completed making off without payment investigations last year (78%) no suspect was identified, while only one in 100 cases (1%) resulted in someone being charged or summonsed to appear before a court.

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