A new report says at least £325 billion in illicit funds moves through the UK each year. The research, cited as being produced by the Finance Innovation Lab charity, estimates the figure is equivalent to more than 10% of UK gross domestic product. The report describes the “dirty money” as money linked to financial crimes including money laundering, corruption, illegal trade and tax evasion or tax dodging. The findings are presented as a concern for how effectively state investigators and regulators can tackle financial crime, and they are also discussed alongside the government’s increased involvement in crypto-related policy and assets. While the sources agree on the size of the estimated flows and the categories of illicit activity included, they do not provide detailed breakdowns on how the estimate is calculated in the excerpts. Overall, the reporting focuses on the scale of suspected illicit financial flows and the potential implications for law enforcement capacity and financial oversight.