OK, so QCs aren’t willing to take on complex fraud cases at legal aid rates. Which means that it’s very difficult indeed to prosecute complex frauds because there’s no defence lawyers of the necessary seniority available. But this is a problem of the government’s own making to some extent:
Nearly all defendants in serious fraud cases need legal aid, because the state freezes their assets, leaving them without the means to meet legal bills.
If you’re going to insist that people must rely upon legal aid then, well, you’ve got to provide the legal aid that they can rely upon.