Three million pounds of government cash against digital piracyStaff writer ▼ | October 23, 2014
The fight against digital piracy and counterfeit goods was boosted by 3 million pounds of new government funding to the City of London Police Intellectual Property Crime Unit (PIPCU).
Fake goods The City of London Police Intellectual Property Crime Unit
Baroness Neville-Rolfe said: "We've seen significant success in PIPCU's first year of operation. This extra support will help the unit to build on this impressive record in the fight against intellectual property crime, which costs the UK at least 1.3 billion pounds a year in lost profits and taxes.
"With more money now being invested in ideas than factories or machinery in the UK, it is vital that we protect creators and consumers and the UK's economic growth.
"Government and industry must work together to give long-term support to PIPCU, so that we can strengthen the UK's response to the blight of piracy and counterfeiters."
PIPCU is a specialist police unit dedicated to protecting UK industries that produce legitimate, high quality, physical goods and digital content from intellectual property crime, with a particular focus on online crime. ■