{"id":228,"date":"2019-10-01T14:42:00","date_gmt":"2019-10-01T14:42:00","guid":{"rendered":"https:\/\/www.simplybusiness.co.uk\/about-us\/press-releases\/stamp-out-tool-theft\/"},"modified":"2025-12-17T15:13:15","modified_gmt":"2025-12-17T15:13:15","slug":"stamp-out-tool-theft","status":"publish","type":"page","link":"https:\/\/www.simplybusiness.co.uk\/about-us\/press-releases\/stamp-out-tool-theft\/","title":{"rendered":"Simply Business launches campaign to Stamp Out Tool Theft"},"content":{"rendered":"\n<div class=\"wp-block-group alignfull has-no-margin hero-bg has-background has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"background:linear-gradient(180deg,rgb(255,255,255) 0%,rgb(243,243,243) 100%);padding-top:var(--wp--preset--spacing--150);padding-bottom:var(--wp--preset--spacing--150);background-image:url(&apos;https:\/\/www.simplybusiness.co.uk\/wp-content\/themes\/simply-business-uk\/assets\/images\/faq-bg.png&apos;);background-size:cover;\">\n<h1 class=\"wp-block-heading has-text-align-center has-azure-700-color has-text-color has-link-color has-max-huge-font-size wp-elements-77ccfe0c397c3a1e1d6cf438bb698959\">Simply Business launches campaign to Stamp Out Tool Theft<\/h1>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"576\" src=\"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/05\/sott-press-release.webp?w=768\" alt=\"sott-press-release\n\" class=\"wp-image-9223\" srcset=\"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/05\/sott-press-release.webp 768w, https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/05\/sott-press-release.webp?resize=150,113 150w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"wp-block-list-item\">Simply Business launches campaign to&nbsp;<a href=\"https:\/\/get.simplybusiness.co.uk\/stamp-out-tool-theft\/\">Stamp Out Tool Theft<\/a><\/li>\n\n\n\n<li class=\"wp-block-list-item\">Well over a third (37%) of tradespeople have fallen victim to tool theft<\/li>\n\n\n\n<li class=\"wp-block-list-item\">Tool theft costs victims in excess of \u00a33,000 on average \u2013 \u00a3870 in lost earnings, and \u00a32,135 in replacing the stolen tools<\/li>\n\n\n\n<li class=\"wp-block-list-item\">The SME insurer is calling for the government to implement tighter regulation for the selling of second hand tools, and greater minimum fines for those convicted of tool theft<\/li>\n\n\n\n<li class=\"wp-block-list-item\">84% of tradespeople don\u2019t believe the government is doing enough to prevent tool theft<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Simply Business has launched a campaign to Stamp Out Tool Theft once and for all, after research reveals one in three (37%) tradespeople have had their tools stolen, costing an average of \u00a33,000 each in lost earnings (\u00a3870) and replacing stolen tools (\u00a32,135).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The small business insurer, which protects over half a million SMEs across the country, is calling on the government to implement greater fines for those convicted of tool theft, as well as tighter regulations on the selling of second hand tools. The insurer has launched a petition with the aim of attracting 100,000 signatures for the measures to be debated in Parliament. The petition can be viewed&nbsp;<a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/petition.parliament.uk\/petitions\/273892\" rel=\"noopener noreferrer\" target=\"_blank\">here<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To mark the&nbsp;<a href=\"https:\/\/get.simplybusiness.co.uk\/stamp-out-tool-theft\/\">campaign<\/a>, a mobile billboard was driven to the front door of parliament at 8am today, laying bare the issue of tool theft to the government. The mobile billboard, announcing the petition on behalf of the thousands of victims of tool theft, then travelled to some of the capital\u2019s biggest building sites across Battersea, Nine Elms and Wandsworth. It also stopped off and visited well-known businesses on the way, such as Pimlico Plumbers, Screwfix and Plumbase.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While the on-going Brexit debate has been taking government\u2019s focus away from pressing issues at home, tool theft continues to have a serious impact on the lives of millions of tradespeople every year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Well over a third (37%) have fallen victim, while 65% also know someone who has. On average, tool theft costs \u00a3870 in lost earnings each. Almost a fifth (18%) lost more than \u00a31,000 in lost earnings.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Adding to this, the average tools stolen are worth \u00a32,135, costing more than a month\u2019s average real-time earnings. This means the average tool theft costs victims a combined \u00a33,005 on average, taking into account lost earnings and replacing stolen tools.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Over a quarter (26%) of those surveyed couldn\u2019t work for a few days, while just under a tenth (8%) were unable to work for over a week.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One in three (33%) had their tools stolen from the building site \u2013 either from their van or from the site itself. Almost a fifth (16%) had tools stolen from their van while parked in the street or in a public car park.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Is the government doing enough?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A staggering 84% of tradespeople don\u2019t believe the government is doing enough to prevent tool theft. Just under two thirds (60%) surveyed believe there needs to be greater sentences for thieves, while more than half (55%) believe there should be greater fines for those convicted.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Over a quarter (28%) of tradespeople believe the sentence for tool theft should be five years in prison, and over one in 10 (15%) believe a \u00a310,000 fine should be imposed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Half (50%) of tradespeople also believe there should be greater funding for police and police presence on the streets, a third (32%) want to see greater restrictions on the selling of second-hand tools, and a further third (30%) believe there should be more CCTV in place. In addition, one in five (20%) want to see more street lights installed to deter thieves.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Bea Montoya, Chief Operating Officer at Simply Business<\/strong>: \u201cTradespeople are the backbone of Britain, but they\u2019re being stopped in their tracks on a daily basis due to the ongoing tool theft epidemic. Tool theft rips through the lives of thousands of tradespeople and their families every year, with victims losing out on over \u00a33,000 each on average \u2013 through lost earnings and replacing stolen equipment. Having their tools stolen doesn\u2019t just impact their ability to work, but it affects their livelihoods too.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cBrexit is having a paralysing effect on British politics, but there are pressing issues at home which urgently need addressing. This is why we\u2019re calling on the government to Stamp Out Tool Theft once and for all. We want to see greater fines imposed on those convicted, as well as tighter regulations on the selling of second hand tools which, because of their high value, are often stolen to sell on the black market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cPutting these two measures in place will go a long way in combating tool theft, protecting the lives and jobs of millions of tradespeople up and down the country.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To learn more about this campaign visit:&nbsp;<a href=\"https:\/\/get.simplybusiness.co.uk\/stamp-out-tool-theft\/\">https:\/\/get.simplybusiness.co.uk\/stamp-out-tool-theft\/<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Top 5 tips for preventing tool theft<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Bea Montoya, Chief Operating Officer at Simply Business<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1. Park against a wall<\/strong>&nbsp;\u2013 Aim to park with sliding or rear doors against a wall or sturdy fence so it\u2019s difficult for them to be opened. You should park in busy, well-lit areas, and preferably in view of a CCTV camera.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2. Remove tools overnight<\/strong>&nbsp;\u2013 Nowadays, a lot of break ins can be from \u2018peel and steal\u2019 and electronic key fobs, so even well-secured vans are at risk. If you can, remove tools from your vehicle overnight to completely reduce the risk of losing them, even if an attempt is made.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3. Mark your tools<\/strong>&nbsp;\u2013 Having identification marks on your tools (e.g. from paint or permanent marker) makes it difficult for stolen tools to be sold on. It also helps to recognise you as the owner if they\u2019re recovered.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>4. Record serial numbers<\/strong>&nbsp;\u2013 Make a note of serial numbers, as well as the make and model of tools you own. Providing this to police in the event of them being stolen will help to identify your tools if they\u2019re found, as well as easing the process of making an insurance claim.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>5. Make sure you\u2019re insured<\/strong>&nbsp;\u2013 Replacing your tools is likely to be expensive. Having insurance in place, whether standalone tools insurance, or as part of your business insurance policy, can help to give you peace of mind as well as support with the sudden financial shock of tool theft. Check your policy and if you don\u2019t already have tools insurance included, consider adding it on. You should also check your policy wording to find out exactly what\u2019s covered, what the limits and excesses are, and if there\u2019s any exceptions to be aware of.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">-ENDS-<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1&nbsp;<a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/www.ons.gov.uk\/employmentandlabourmarket\/peopleinwork\/employmentandemployeetypes\/bulletins\/averageweeklyearningsingreatbritain\/september2019\" rel=\"noopener noreferrer\" target=\"_blank\">ONS average weekly earnings in Great Britain: September 2019 (\u00a3470 real term earnings a week, equating to \u00a32,036 a month on average)<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Notes to editors: Data: survey of 1,000 tradespeople across the UK, conducted August 2019<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Link to petition:&nbsp;<a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/petition.parliament.uk\/petitions\/273892\" rel=\"noopener noreferrer\" target=\"_blank\">https:\/\/petition.parliament.uk\/petitions\/273892<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Simply Business insurers over half a million SMEs up and down the country; over 175,000 of which are tradespeople.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To learn more about this campaign visit:&nbsp;<a href=\"https:\/\/get.simplybusiness.co.uk\/stamp-out-tool-theft\/\">https:\/\/get.simplybusiness.co.uk\/stamp-out-tool-theft\/<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">For further information, please contact:<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Frank PR<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">+44 20 7693 7433<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"mailto:SimplyBusiness@welcometofrank.com\" target=\"_blank\" rel=\"noreferrer noopener\">SimplyBusiness@welcometofrank.com<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading wp-block-block\">About Simply Business<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><a target=\"_blank\" href=\"https:\/\/urldefense.com\/v3\/__http:\/simplybusiness.co.uk__;!!N96JrnIq8IfO5w!hIDMrGse3KHfJu5_CiqiOsFWnj8k1HROe8Oqz7zCb7P2qVQXkH81IbN1SpIhNqbbhmdQrc22NsXe3U9O5ajDdkHOTa_CgxPfLGQ$\" rel=\"noreferrer noopener\" rel=\"noopener noreferrer\" target=\"_blank\">Simply Business<\/a>\u202fis one of the UK\u2019s biggest business insurance providers, specialising in public liability insurance for small and midsize enterprises. Launched in 2005, Simply Business provides an online brokerage service, delivering policies tailored to individual business requirements.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Using the power of tech and data to create the best possible customer experiences, Simply Business employs over 1,200 people across offices in London and Northampton, UK; and in Boston, Massachusetts; and Atlanta, Georgia, in the U.S. Owing to the insurance provider\u2019s internal underwriting capability and expert panel of insurers, Simply Business can cover over 1,200 trade types \u2013 ranging from plumbers to accountants to dog walkers.\u202fIts UK brand campaign \u2013 \u2018<a target=\"_blank\" href=\"https:\/\/urldefense.com\/v3\/__https:\/www.simplybusiness.co.uk\/campaign\/small-businesses-deserve-our-best\/__;!!N96JrnIq8IfO5w!hIDMrGse3KHfJu5_CiqiOsFWnj8k1HROe8Oqz7zCb7P2qVQXkH81IbN1SpIhNqbbhmdQrc22NsXe3U9O5ajDdkHOTa_CxklTDMU$\" rel=\"noreferrer noopener\" rel=\"noopener noreferrer\" target=\"_blank\">Simply The Best<\/a>\u2019 \u2013 aims to help UK small businesses feel \u2018the best\u2019 about their business insurance.<\/p>\n\n\n\n<div class=\"wp-block-group has-azure-800-color has-cyan-100-background-color has-text-color has-background has-link-color wp-elements-101cbde2ee0c57c7d6d0d48cbb8134b8 has-global-padding is-layout-constrained wp-container-core-group-is-layout-80fb368b wp-block-group-is-layout-constrained\" style=\"border-radius:8px;padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\">\n<p class=\"has-text-align-center wp-block-paragraph\">We create this content for general information purposes and it should not be taken as advice. 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c-2.552,0-4.622,2.069-4.622,4.622S9.448,16.622,12,16.622s4.622-2.069,4.622-4.622S14.552,7.378,12,7.378z M12,15 c-1.657,0-3-1.343-3-3s1.343-3,3-3s3,1.343,3,3S13.657,15,12,15z M16.804,6.116c-0.596,0-1.08,0.484-1.08,1.08 s0.484,1.08,1.08,1.08c0.596,0,1.08-0.484,1.08-1.08S17.401,6.116,16.804,6.116z\"><\/path><\/svg><span class=\"wp-block-social-link-label screen-reader-text\">Follow Simply Business on Instagram<\/span><\/a><\/li>\n\n<li class=\"wp-social-link wp-social-link-tiktok  wp-block-social-link\"><a rel=\"noopener nofollow\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/@simplybusiness\" class=\"wp-block-social-link-anchor\" rel=\"noopener noreferrer\" target=\"_blank\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 32 32\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M16.708 0.027c1.745-0.027 3.48-0.011 5.213-0.027 0.105 2.041 0.839 4.12 2.333 5.563 1.491 1.479 3.6 2.156 5.652 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Theft once and for all, after research reveals one in three (37%) tradespeople have had their tools stolen, costing an average of \u00a33,000 each in lost earnings (\u00a3870) and replacing stolen tools (\u00a32,135). The small business [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":28082,"parent":131,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"sb_hreflang":"","sb_hreflang_url":"","disable_breadcrumbs":false,"sb_breadcrumbs":[],"sb_faq_schema":"","sb_phone":"","sb_header_url_text":"","sb_secondary_logo":0,"sb_secondary_logo_url":"","sb_show_primary_cta":true,"sb_primary_cta_text":"","sb_primary_cta_url":"","sb_show_secondary_cta":true,"sb_secondary_cta_text":"","sb_secondary_cta_url":"","sb_show_contact_cta":true,"sb_contact_cta_id":"","sb_primary_cta_id":"","sb_secondary_cta_id":"","sb_no_sticky_header":false,"sb_show_last_updated_date":"","sb_enable_replacement_text":false,"sb_replacement_h1":"","_sb_hreflang_stale":false,"footnotes":""},"hidden-category":[],"import-page-type":[],"coauthors":[50],"class_list":["post-228","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Simply Business launches its Stamp Out Tool Theft campaign<\/title>\n<meta name=\"description\" content=\"Simply Busness is calling for the government to implement tighter regulation for the selling of second hand tools, and greater minimum fines for those convicted of tool theft. 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