(2 years, 6 months ago)
Commons ChamberIn 2021, fraud and computer misuse increased by 47%. In 2020, an estimated 99.99% of total cyber-crime went unpunished. Just weeks ago, academics at the University of Oxford estimated that during covid alone, £37 billion—or one third of the total NHS annual budget, and twice the annual budget for policing—is likely to have been lost to fraud. When working families are facing rising energy costs and a cost of living crisis, and are paying more and more taxes and more for services, can the Minister tell me why, under this Tory Government, gangs of criminals are getting a free run at the public purse?
Gangs of criminals certainly do not get a free run, and we will be investing and doing more than ever before to bear down on fraud. During the covid era—the trend had started already, but it accelerated then—while other forms of crime got depressed, there was a boost to some of this distanced crime that people do over their computers. Crime overall across the world is changing, and our response must change in a way that is commensurate to that. We must ensure that we take the most effective action. Part of that is the spending review commitment that has just been made; there is also the new economic crime levy, which represents an additional £400 million over this spending review period.