The impact of crime on local businesses in Cardigan is a significant concern, particularly given the area's higher-than-average crime rate. For the BUA of Cardigan in Ceredigion, the crime rate stands at 133.6 incidents per 1,000 residents, considerably above the UK average of 91.6. This elevated rate can manifest in several ways, affecting businesses both directly and indirectly.
Direct impacts can include an increase in theft, vandalism, and shoplifting. Businesses may face higher insurance premiums due to increased risk. The cost of implementing preventative security measures – such as CCTV, alarms, and security personnel – also adds to the financial burden. Beyond the immediate financial losses, crime can disrupt operations, damage reputation, and create a climate of fear amongst employees and customers.
Indirectly, a higher crime rate can deter potential customers and impact footfall. People may be less willing to visit the area, particularly in the evenings, leading to a decline in sales for businesses reliant on local patronage. This can create a negative cycle, as struggling businesses may reduce staff or even close, further contributing to a sense of decline and potentially increasing the perception of insecurity.
The safety score for Cardigan is 68/100, which is also below the UK average of 79. This score reflects the perceived level of safety within the area, and a lower score often correlates with concerns about crime and its impact on daily life and business.
While specific data on the type of crimes affecting businesses in Cardigan isn’t provided, the overall higher crime rate suggests that businesses should prioritize security. Engaging with local community initiatives, reporting incidents promptly to the police, and fostering a sense of community ownership can contribute to a safer environment. Understanding the specific crime trends in Cardigan, through local police reports and community forums, is crucial for tailoring security measures effectively.