(7 years, 9 months ago)
Commons ChamberSince 2010, £1.2 billion of criminal assets have been recovered, and a further £3 billion have been frozen. The Serious Crime Act 2015 provided new powers, and the Criminal Finances Bill will further improve our capability, but there is more to be done. Next year we will publish a new asset recovery action plan, and the Cabinet Office will look at the UK’s response to economic crime more broadly. This will include looking at the effectiveness of our organisational framework and the capabilities, resources and powers available to the organisations that tackle economic crime.
I thank the Home Secretary for that. The Criminal Finances Bill contains many measures to combat illegal and immoral financial activity, but can my right hon. Friend confirm that the new law enforcement measures in relation to unexplained wealth orders will ensure not only that we can better combat illegal activity but that the principles of transparency will be upheld?
My hon. Friend raises a really important point. Unexplained wealth orders will send a powerful statement to those who wish to launder the proceeds of their crimes in the UK. They are an investigative power and so will be subject to the same court rules that apply to the existing civil recovery investigative powers.
(8 years, 7 months ago)
Commons ChamberCan I reassure the hon. Gentleman that we are moving to a consultation on ending coal-fired power stations by 2025? I am sure that he will want to participate in it. This Government are taking the long-term view on getting the right mix of decarbonising and having energy security. That is why we are making this plan well ahead of time—it is 10 years ahead.
T2. Given the revisions to the feed-in tariffs that will shortly come into force, has the Minister made any assessment of the likely effects on the solar industry, particularly in the south-west, where the sun nearly always shines?