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Labour’s plans to tackle UK’s dirty money problem need more ambition

If Labour wins the next election, it can’t just talk tough on corruption – it must fund Londongrad’s clean-up

Labour’s plans to tackle UK’s dirty money problem need more ambition
Last week Labour shadow foreign secretary David Lammy set out the party’s plans to tackle economic corruption | Hollie Adams/Bloomberg via Getty Images
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Last week, shadow foreign secretary David Lammy reiterated Labour’s commitment to fighting the UK’s dirty money problem by vowing to create a transatlantic anti-corruption council alongside the US, EU and other allies to coordinate the fight against corruption if his party wins the next election.

“Transnational crime is an area that provides the perfect example of where domestic and foreign policy meet,” Lammy said. “Dirty money from Russia and other authoritarian states has been a stain on London for too long.”

But does Labour’s policy on tackling kleptocracy add up?