Recent research by the Federation of Master Builders (FMB) has shown that more than three-quarters (83%) of builders have fallen victim to tool thieves in the past ten years. That’s a massive increase of over 30% from similar research by the same group last year.
Key findings from the report include:
Brian Berry, Chief Executive of the FMB, said: “Decisive action is needed to tackle tool theft. Eight in ten builders report that they have had tools stolen before. This is causing mental health issues amongst builders with reports of depression, anxiety, anger, frustration, stress and even suicidal thoughts. The Government needs to look into tool theft and consider the need for the introduction of tighter regulations around selling second-hand tools, and greater minimum fines for those convicted of tool theft.”
Berry concluded: “Builders need to take extra steps to reduce the risk of theft by bringing tools inside at night, installing extra locks in the van, marking tools with an address or phone number, and painting them a special colour. Builders should also check their insurance policies to see what they have covered. Websites are available where tool serial numbers can be registered for extra piece of mind when it comes to making a claim on insurance. Tool theft is not a victimless crime and stronger government action is needed to help tackle this growing problem.”
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