The Serious Fraud Office, which the governing Tory party had pledged to abolish, has escaped closure under an overhaul of the UK's economic crime-fighting strategy announced by Home Secretary Amber Rudd today.
In its manifesto, published in May this year, the party had outlined plans to incorporate the SFO — the UK's unit that counters white-collar and economic crime — into the wider criminal investigation agency, the National Crime Agency.