New bill vows to stop kleptocrats ‘treating UK as their safe deposit box’

Proposed reforms previously delayed by Boris Johnson reannounced amid accusations Tories are soft on dirty money'

Companies House will be given new powers to challenge incorrect or fraudulent claims made by kleptocrats and their agents in an economic crime bill that was previously delayed by Boris Johnson a few weeks before Russia invaded Ukraine.

The new bill - the second of two that had to be hurriedly reannounced amid accusations the government had gone soft on dirty money - is backed by the new security minister, Tom Tugendhat.