MINDLESS vandalism is a bigger threat to small businesses than theft, according to a new study.

One in two has been a victim of a break-in but more cost was incurred to businesses through damage to equipment than through the actual theft, according to insurers Norwich Union.

The company surveyed 523 firms all over the UK with a turnover of under £5 million.

The average cost per break-in is £3,746 and three out of four firms say their top concern is being forced out of business through crime-related losses.

Federation of Small Businesses spokesman Stephen Alambritis said: "Small business owners in particular fear being victims of vandalism as they are less likely to be able to afford the hi-tech security systems that large companies can install.

"In addition, once a small firm has been the victim of vandalism, it often experiences repeat offences, causing even greater stress for the owner."

Norwich Union spokesman George Robertson added: "The pressure of having to deal with such a disaster is a main cause of stress and anxiety.

"That's why with the co-operation of our insurance brokers we've set up a 24-hour helpline to enable bosses to get back to business with the minimum of fuss."

Converted for the new archive on 14 July 2000. Some images and formatting may have been lost in the conversion.