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Legal & General responds to crime survey stats

In response to the latest British Crime Survey (BCS), Legal & General's Malcolm Cooper has expressed the firm's view that there is a correlation between recessions and spikes in burglary.

The BCS showed a 14% rise in burglary in England and Wales, as the country continues to grapple with economic difficulty despite having left recession.

Cooper went on to say that the levels of burglary/theft claims had declined since 1994 due to good work by police and insurers.

He added that, whilst it was not a simplistic relationship, the correlation between recession and rising crime figures did exist.

Earlier this week a Freedom of Information request from LV= (Liverpool Victoria) revealed that just 44% of burglars were given custodial sentences, and of those who were not more than half (52%) reoffended.

Legal & General also offered a range of basic home security tips, including ensuring all doors and windows are locked at night or when the house is empty and installing a good alarm system.

We would advise all home owners and car owners to be extra careful with their possessions. Do not make it easy for someone to steal your valuables by keeping them out of sight and ensure all doors and windows are locked.

 

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