NECC publishes 2024–2025 Annual Report on economic crime activity and system performance
The National Economic Crime Centre (NECC) has published its Annual Report for the 2024–2025 financial year, outlining developments in the UK’s operational response to economic crime. The report highlights a significant increase in system-wide disruptions, asset denial actions and convictions related to fraud and money laundering. Fraud remains the most reported crime in England and Wales, accounting for 43% of all incidents. The NECC’s approach over the year focused on intelligence-led operations, cross-sector collaboration and the use of data and technology to address evolving threats. The report also marks the 10th anniversary of the NECC’s public-private partnership model and notes a leadership transition, with Rachael Herbert succeeding Adrian Searle as Director in April 2025.