Page last updated at 18:18 GMT, Friday, 14 August 2009 19:18 UK

1m reward offered over gems raid

CCTV images showing the suspects (centre) entering Graff Jewellers
The robbery in New Bond Street is Britain's biggest jewellery heist

A £1m reward has been offered for information leading to the capture of robbers who stole jewellery worth £40m during a raid in central London.

The Metropolitan Police said the reward was the biggest offered for a crime of this type.

The robbery, which targeted a jewellery shop in New Bond Street, was Britain's biggest gem raid.

A 50-year-old who was arrested by officers in Ilford, east London, has been released on bail.

The reward has been offered by Tyler and Company, on behalf of interested insurers.

"I think this is the biggest reward that has ever been offered for a crime of this type," said Det Ch Insp Pam Mace.

"I'm directing my appeal at people, and that includes criminal associates, who know who these robbers are and where they are."

The two robbers walked into the premises on Thursday of last week at 1640 BST and threatened staff with handguns before leaving the shop with their haul and a woman hostage.

The woman was released outside the shop after the robbers fired a shot into the ground and escaped the scene in a blue BMW. No-one was injured.

The £40m haul is exceeded only by the £53m stolen in a raid on a Securitas depot in Kent in 2006.

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