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4 Sep 2023

ACT member & Cytech-accredited Highway Cycles, Hertfordshire’s largest independent bike and e-bike specialist, has opened a new shop in Bishop’s Stortford.

24 Aug 2023

Volatility in the cycle insurance market that has resulted in most insurers backing away from the UK cycling industry owing to poor claims performance has led the ACT, through its appointed...

24 Aug 2023

Cytech training provider Spokes People were recently asked by the Afghan National Team if they could suggest any way for them to be supported mechanically at the UCI World Championships in...

22 Aug 2023

Cities across the country are following the lead of the Mayor of London, and ULEZ (Ultra Low Emissions Zone), by implementing their own measures to reduce carbon produced by combustion engines.

22 Aug 2023

Journeys made using Transport for London’s (TfL) cycle hire scheme this year are at their lowest in a decade, with the organisation blaming recent bad weather as a potential cause.

21 Aug 2023

The manager of ACT Gold Member Pedal Revolution in Norwich has demonstrated the strength of the cycling community, after rallying support for a local cyclist who had to sell his four bikes to...

21 Aug 2023

A report in Cycling Industry News says that 60% of Fix Your Bike vouchers that were issued during the peak Covid lockdown period were redeemed at smaller bike shops and...

10 Aug 2023

One in five UK consumers (20%) prefer using mobile payment services such as Apple Pay over cash (17%) or chip & PIN card payments (10%) for in-store purchases, a new survey has reported.

9 Aug 2023

Fully funded training for school and college leavers is available for the Cycle Maintenance Apprenticeship for those under 19 years of age at the start of the apprenticeship.

9 Aug 2023

ACT Gold Member Luchos, which has pioneered a new energy block for cyclists and endurance athletes that acts as a natural alternative to energy drinks and gels ladened...

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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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