Asked by: Jessica Toale (Labour - Bournemouth West)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what support mechanisms exist for small businesses who lose stock or income due to crime where no insurance cover is available.
Answered by Blair McDougall - Parliamentary Under Secretary of State (Department for Business and Trade)
The Government recognises the significant challenges that crime and theft can pose for small businesses. There is a wide range of available insurance products, where cover is difficult to secure, the British Insurance Brokers’ Association can help identify specialist brokers.
The Government is also strengthening its response to retail crime and improving town centre safety through the Crime and Policing Bill, the Safer Streets mission, and the new High Streets Illegality Taskforce.