The Government is increasing law enforcement investigative capacity to tackle fraud. Last year we invested £63 million, and over the next three years the Spending Review has allocated a further £400 million, in tackling economic crime including fraud. This includes establishing a new fraud investigative function in the NCA, meeting a manifesto commitment to create a new national cyber crime force focused on fraud.
In addition, we are creating new fraud investigation teams in Regional Organised Crime Units. These new capabilities, driven by a new tasking and coordination process run by the National Economic Crime Centre, will target the most serious and harmful frauds.
Later this year, we will publish a new approach to address the threat of fraud. This will further set out how we will work with law enforcement to tackle fraud and bring offenders to justice.