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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

Government denies claims it has scrapped crucial economic crimes bill

Lord Agnew resigned on Monday.
Lord Agnew resigned on Monday. Photograph: PA

The government was forced to deny claims that it had scrapped a crucial economic crime bill on Wednesday, as MPs from across the house rounded on ministers for failing to tackle the UK capital’s “Londongrad” reputation as a money-laundering hub used by Russian oligarchs, criminals and kleptocrats.

The scathing comments in the House of Commons follow the shock resignation of junior minster Lord Agnew on Monday, who revealed in his departing letter that the government had only last week made a “foolish” decision to kill off the bill during the next parliamentary year.

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