Hatton Garden heist: raid hits small businesses hard


The audacious diamond robbery in Hatton Garden has mostly struck small businesses, a loss adjuster working on the case has said.

The theft of diamonds, jewellery, watches and other valuables last month is estimated to be the UK’s biggest robbery ever.

Speaking to the BBC, loss adjuster Rick Marchant said he is dealing with seven clients who have lost a total of £2m through the raid.

“We are dealing here with mainly small businesses and they are not making huge profits,” Marchant said.

“These aren’t extremely wealthy people, for a lot of them their livelihoods have gone.

“All of us might be forgiven for thinking ‘How audacious, how clever’ – but what [the theft has]done is ruin the lives of many people within the Hatton Garden jewellery quarter.”

While many of the victims are insured, there are a number of clients who had items stored in the safe without any insurance.

“I have been told by individuals I have interviewed that they have had friends and colleagues who work in the quarter with them, grown men, hardened dealers – [they]don’t know what to do because of course some haven’t insured at all,” Marchant said.

They will have “lost everything”, Marchant added.

There is a £20,000 reward for information leading to arrests of those involved in the robbery. But no arrests have been made so far.

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