New Prime Minister Liz Truss may have only weeks to deliver a confidence turnaround in the UK economy or face a surge in violent crime and breakdown in public order caused by a cost-of-living crisis.
The Times revealed police chiefs fear “economic turmoil and financial instability” has the “potential to drive increases in particular crime types,” such as shoplifting, burglary, vehicle theft, and online fraud and blackmail, as Brits face one of the worst collapses in living standards in a century amid energy hyperinflation.
“Prolonged and painful economic pressure” could spark “greater civil unrest,” similar to the 2011 London riots, the leaked national strategy paper read.
“Greater financial vulnerability may expose some staff to a higher risk of corruption, especially among those who fall into significant debt or financial difficulties,” it continued.
One police chief noticed increased violent crime as inflation is stuck at multi-decade highs. This comes as energy regulator Ofgem increased the cap on power bills to a record £3,549 ($4,189) beginning Oct. 1 from £1,971 ($2,330). That cap is expected to rise to £5,439 ($6,427) by January and £7,272 ($8,594) by spring. – READ MORE