9 October 2007
City of London Police named UK's lead economic crime force
The City of London has welcomed the decision of the government’s
2007 Comprehensive Spending Review which has named the City of
London Police as the lead agency in the fight against fraud and
economic crime across the UK.
City of London Policy Chairman, Michael Snyder, said;
"I am delighted that the Government has decided to make the City
of London Police the lead force in the country for tackling fraud
and economic crime.
“Based in the world's leading international finance centre, the
Square Mile, it has just the right specialist knowledge and
expertise for this work.
“The City of London Corporation, as the City's Police Authority,
will shortly be deciding its own additional funding for this vital
work," he said.
The government’s boost for the City of London Police’s economic
crime squad will see extra detectives working on serious fraud
cases and the formation of a National Fraud Reporting Centre to
monitor and track economic crime trends in the UK.
Press contact:
Cubby Fox, City of London Press Office
Tel 020 7332 3451
Notes to editors
City of London Corporation:
The City of London Corporation is committed to maintaining and
enhancing the status of the wealth and tax-generating business of
the City as the world's leading international financial and
business centre through its policies and services. Examples are the
extensive overseas business missions on behalf of UK-based
financial services and the wide-ranging economic development,
research and regeneration effort the City of London Corporation
undertakes across London. It also runs the City Office in Brussels
on behalf of the City, City Representations in Beijing, Shenzhen
and Shanghai – and a City Office in Mumbai. Although the City of
London Corporation provides local government services for the City,
the financial and commercial heart of Britain, its responsibilities
also extend far beyond the City boundaries and include funding and
managing the Barbican Centre, running the Central Criminal Court at
the Old Bailey, 10,000 acres of open space around London and three
wholesale food markets, as well as acting as the London Port Health
Authority – and running the Animal Reception Centre at
Heathrow.