Thursday 8 April 2021 / 10:30 PM Sarah Jones

Cost of crime soars under the Conservatives, reveals new analysis

Cost of crime soars under the Conservatives, reveals new analysis

 

New analysis by the Labour Party has revealed how British taxpayers have been left counting the cost of the Conservatives’ failure on crime, as the hit to the economy rose to £95 billion in the last year, up from £59 billion in 2015/16.

 

Shadow Policing Minister Sarah Jones MP said that the figures show “the huge impact crime has on our economy”, as well as the “devastating impact on people and their communities”.

 

Labour has updated the Government’s own 2018 study on the ‘cost of crime’, which shows that crimes against individuals are estimated to have cost £72.5bn, up from £50.1bn in 2015/16, driven by increases in homicide, violence, rape and robbery.

 

While costs for crimes against businesses have more than doubled, from £8.7bn in 2015/16 to £22.8bn in the year to September 2020, driven by increases in theft and robbery.

 

The Labour leader Keir Starmer will visit Bedfordshire on Friday to meet local shopkeepers affected by crime alongside Labour’s Bedfordshire Police and Crime Commissioner (PCC) candidate, Dr David Michael, and Labour’s Shadow Policing Minister, Sarah Jones.

 

Responding, Sarah Jones MP, Shadow Minister for Policing and the Fire Service, said:

 

“Under the Conservatives, criminals have never had it so good – and it’s law-abiding taxpayers who are picking up the bill. Crime has a devastating impact on people and their communities, but these figures show the huge impact it has on our economy as well.

 

“The vast scale of this increased cost shows how out of control crime has got under this Conservative government.  Rising theft and robbery in particular are incredibly traumatic for victims and cause real financial damage.

 

“The Conservatives must take responsibility for these massive rises, following their devastating cuts to policing and preventative services.”