Oral Answers to Questions Debate
Full Debate: Read Full DebateJohanna Baxter
Main Page: Johanna Baxter (Labour - Paisley and Renfrewshire South)Department Debates - View all Johanna Baxter's debates with the Department for Environment, Food and Rural Affairs
(2 days ago)
Commons ChamberThe hon. Member raises an important issue. We know that rural and farming communities face acute and bespoke threats from criminals, including highly organised crime groups that are exploiting our rural communities. He has referred to livestock theft, but those communities also face fly-tipping and machinery and fuel theft. We are committed to implementing the Equipment Theft (Prevention) Act 2023, and are also committed to further funding for the national rural and wildlife crime units. We have announced additional funding for those units, because we recognise just how critical it is to crack down on rural crime. I should also mention policing, because our neighbourhood policing guarantee covers the entirety of this country—not just urban areas, but rural areas too.
This Government are determined to crack down on the scourge of economic crime, and the Serious Fraud Office does crucial work to tackle complex fraud, bribery and corruption. Under its new director, the SFO has opened nine new overt investigations and charged 16 defendants. Just last week, I saw the SFO’s crucial work at first hand when I observed a dawn raid carried out in relation to a new multimillion-pound bribery investigation.
The vast majority of UK businesses play by the rules, but fraud is estimated to cost UK taxpayers—including my constituents—between £55 billion and £80 billion per year. What is the Serious Fraud Office doing to encourage businesses to self-report wrongdoing?
My hon. Friend is absolutely right; the vast majority of businesses do play by the rules, and fraud is so damaging precisely because it undermines everyone who plays fairly. That is why this Government are so determined to tackle it. I welcome the SFO’s recently revised guidance, which aims to drive up the number of corporates that self-report wrongdoing. That is a positive development that will foster good corporate citizenship, and it is an important contributor to this Government’s economic growth mission.