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ARTICLE · 14 MAY 2018

The Bribery Act 2010: A Refresher

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The Ministry of Justice's guidance on the Bribery Act 2010 (the "Bribery Act") from March 2011 stated the obvious when it wrote "everyone agrees that bribery is wrong…".

United KingdomReal Estate and Construction
Claire King
Claire King
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The Ministry of Justice's guidance on the Bribery Act 2010 (the "Bribery Act") from March 2011 stated the obvious when it wrote "everyone agrees that bribery is wrong...". With concerns about economic recovery being dented by the Bribery Act, Kenneth Clarke (the Secretary of State for Justice at the time) was at pains to emphasise:

"We don't have to decide between tackling corruption and supporting growth. Addressing bribery is good because it creates the conditions for free markets to flourish."

Globally it is estimated that between 10% and 30% of the value of construction output is lost due to corruption. Closer to home there is evidence that corruption is also a significant issue within the construction sector1 and that, internationally, corruption levels are rising generally.2

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