Home secretary Theresa May will today confirm the abolition of the Serious Organised Crime Agency (SOCA), which was heralded as ‘Britain’s answer to the FBI’ when it was established four years ago.
SOCA’s future has been in doubt for some time, due to its poor record in seizing assets from Britain’s 6,000 criminal gangs and tackling the UK's £20 billion black economy.
London is by far the UK’s worst area for burglaries, with 46.35 incidents per 1,000 people over a year according to data on website lovemoney.com.
Aon Corporation has revived the controversial issue of contingent commissions for brokers by confirming that it will resume accepting them where “appropriate”.
Eurotunnel has warned that a dispute over insurance payments resulting from a major fire in 2008 could result in the first annual loss since its restructuring three years ago.

Businesses moving to a new office and retail complex in London’s City district will be asked to fund its own dedicated police force. Local business leaders believe that extra policing is essential to the security of the One New Change development, near St Paul’s Cathedral.
Fraudulent claims have contributed to a record jump in the cost of motor insurance, according to the AA British Insurance Premium Index.
Three major institutional investors are urging companies to ignore new corporate governance guidelines that will require the annual election of board members, claims the Financial Times.

The number of company directors facing disqualification shows a year-on-year rise of 17%, according to law firm Wedlake Bell. It reports that in the year to March 31, disqualification proceeding totalled 2,169 against 1,852 in the previous year.
Five companies have collectively been fined more than £9 million for their part in the Buncefield oil depot explosion in December 2005. The blast injured 40 people, destroyed homes and affected nearly 100 local businesses.
The Association of British Insurers (ABI) has announced that Kerrie Kelly has stepped down as director general only months after taking up the post.
The National Flood School is introducing a contractor endorsement scheme to help insurers and consumers in accessing a trusted network of flood and fire restoration professionals.
A survey of risk managers suggests that less than one in three feel that business executives are up to date on technology.
Pension trustees for telecoms giant BT have requested a court ruling on how much of its liabilities could be guaranteed by the state.
Our panel of professionals discuss why enterprise risk management is here to stay, but also the issues that could hamper its progress
Arnout van der Veer, MIRM, is chief risk officer of information group Reed Elsevier and recently won the award for European Risk Manager of the Year
Political risk has moved swiftly up the corporate risk agenda, reports Lynn Strongin Dodds
Dr Michael Heise outlines the impact on European companies
of shrinking workforces
Despite negative media reports, risk management has made inroads in China and other emerging markets says Helen Yates
The last two years have fundamentally changed risk managers' priorities, reports Peter Davy
Mark Ritson reviews power generation in Europe, how the source of generation will change by 2020, and likely issues on the journey
Businesses can do much to assist employees in their individual efforts to combat global warming, suggests Kathy Jane Hopkin
Dubai's problems have not obscured the area's long-term
attractions for insurers, reports Lynn Strongin Dodds
Richard Burger and Christian Taylor review the impact of new anti-bribery measures
In the latest of Risk Management Professional's roundtables, risk professionals discuss supply chain management and vulnerabilities.
Could the recession help to generate a risk management renaissance?
Bruce Hepburn examines the evidence.
Hugh Jones provides two case studies and offers a detailed review of managing risk in the hostile environment of the Niger Delta
Recent floods suggest that the world must live with supposedly rare events becoming more frequent, reports Peter Davy