Crime is costing the economy £95bn a YEAR

The cost of crime to the economy has soared since 2015, rising to £95billion in the last year.

Increases in cases of violence, sexual offences and robbery have come at an alarming price to the country.

This is up from £59billion in 2015, according to an analysis by Labour.

The figures, which update a 2018 Government report on the issue, are based on factors such as the cost of measures to prevent crimes, like burglar alarms, and the price of its consequences. They also looked at the economic toll on police and the justice system.