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Re:The new £1 Coin by thaumasiotes on Monday March 27, 2017 @02:20PM (#13970287)
> Let's say they figured out catching a thief cost £500 and it became public knowledge the police wouldn't investigate any theft under £500.

Is this not already true? When my laptop was stolen, I was advised "don't bother reporting it to the police".

Re:The new £1 Coin by jessaustin on Monday March 27, 2017 @02:42PM (#13970482)
It might well be true, but the police themselves can't say that it's true in an irrevocable way. The recent indie film "I Don't Feel at Home in This World Anymore" is an entertaining consideration of this scenario.