Oxford business owners concerned about cybercrime and fraud

A total of 47 per cent of business owners revealed they are most concerned about online fraud and cybercrime.

Meanwhile, 39 per cent of respondents also claimed they were concerned about damage to property.

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Pablo Lounge in Abingdon closed last year after being deemed commercially nonviable (Image: Andy Ffrench)

35.3 per cent of business owners also revealed they were worried about anti-social behaviour impacting their businesses.

Tool theft was also a concern, with 31.7 per cent of businesses answering it as a concern.

Meanwhile, only 17 per cent of owners answered shoplifting as a concern, 19 per cent answered in person fraud, and 19 per cent of fraud.

Respondents also answered what is holding their business back, with 48 per cent of businesses stating that finding staff with the right skills is a concern.

34 per cent of businesses also stated energy costs as a limit on their business.

Meanwhile, only 10 per cent of respondents claimed a fear of crime was holding their business back.

Matthew Barber (Image: Contributed)

Planning applications, local regulations, availability of property, parking, public transport, and lack of demand were also identified as a limit to local businesses.

The survey conducted by police and crime commissioner for Thames Valley, Matthew Barber, has revealed the crimes business owners are most concerned about.

The survey also asked businesses what type of business they are, how many employees they have, what taxes affect their business the most, and what is holding their business back.

Businesses identified corporation tax, national insurance, and VAT as the taxes affecting them most.

Retail businesses, hospitality services, professional services, IT businesses, agriculture businesses, and arts and entertainment services were all part of the survey.