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Published 13:41 6 Sept 2021 BST
Updated 16:02 6 Sept 2021 BST
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Using data from Dogs Trust, the report said the cost of the UK's most sought after dog breeds grew significantly in the first lockdown, rising as high as 89%.
The report suggested that this made dog theft more appealing at this time as there was value to be sought after.
It also added that additional information should be required when registering a microchip and transferring ownership.
More straightforward access to this database is also being recommended by the task force to make it easier to find stolen dogs, as well as further initiatives by police and others to raise awareness.
UK Home Secretary Priti Patel told BBC: "Stealing a pet is an awful crime which can cause families great emotional distress whilst callous criminals line their pockets.
"The new offence of pet abduction acknowledges that animals are far more than just property and will give police an additional tool to bring these sickening individuals to justice."
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