Victims of fraud and economic crime will be better protected through a funding boost outlined in the Spending Review for the Serious Fraud Office (SFO) as part of the government’s Plan for Change to cut crime and plan to invest in Britain’s renewal.

• Serious Fraud Office receives further investment to tackle serious economic
• Funding will be used to build the SFO’s intelligence function to intercept criminality earlier in complex cases
• Funding will be used to improve digital capabilities and streamline resources

More than £8 million of investment over the next three years will be spent on strengthening the SFO’s intelligence and information-gathering work and continuously expanding the agency’s use of technology to assist with disclosure.

The extra funding, which is in addition to the £9.3 million of funding announced in the Budget, will be used to bolster SFO’s intelligence capabilities so it can proactively  identify and progress the biggest and complex economic crimes.