Building site theft costs £800m

Jan. 31, 2005
Plant theft from building sites is costing the construction industry £800million a year according to a study by insurer Allianz Cornhill. About £70million worth of plant - especially JCB diggers and compressors - are stolen annually. But the real cost to the industry is far higher when the cost of hiring replacements, loss of business and higher insurance premiums are …

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