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was also revived and it includes a register to improve transparency of ultimate land ownership, currently obscured through the use of shell companies. Reuters reported that some
Russian citizens have been making ownership changes and consulting lawyers to shield their assets.
105:, the intervention saved Waterstones, which managed to make its first annual profit since 2008 in 2016. He later remarked that continued Russian ownership would've been "catastrophic" for the chain in 2022.
432:
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in 1994, one-fifth of whose recipients since 2008 are
Russian citizens. Additional funds flow to British overseas territories, commonly used as tax havens, such as the
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sought to invest their wealth in other countries. British
Government policy encouraged the flow of foreign capital into the United Kingdom, for example through the
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which has had a noticeable impact on the London economy. Colloquially the impact of the capital flow is referred to as "Londongrad" and "Moscow-on-Thames".
425:
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112:, at least £1.5bn is invested into UK property by Russians "accused of financial crime or with links to the Kremlin". In 2018, following the
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260:
496:
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Londongrad: From Russia with Cash; The Inside Story of the
Oligarchs. Mark Hollingsworth, Stewart Lansley. Published May 5, 2009.
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said that the influence of
Russian business was so deeply embedded in the British financial system that it "cannot be untangled".
556:
128:
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27:
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Butler to the World: How
Britain Helps the World's Worst People Launder Money, Commit Crimes, and Get Away with Anything
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Over £27bn is invested by
Russian citizens in the United Kingdom. Amongst the investments are
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70:. The concept is commonly associated with the terms "Londongrad" and "Moscow-on-Thames".
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bookstore chain after acquiring it in 2011 for £53m. According to its managing director
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116:, a report titled "Moscow's Gold: Russian Corruption in the UK" was published by the
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316:"Tate galleries cut ties with sanctioned billionaires after Ukraine invasion"
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are expected to be better enforced and foreign investor routes scrapped. The
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there was a political desire to take action against UK-based oligarchs.
375:
39:
354:"Waterstones turns new page as custodian of independent bookselling"
431:. Intelligence and Security Committee of Parliament. 21 July 2020.
26:
is the flow of capital from Russia to the United
Kingdom since the
82:
459:"Government brings forward bill to tackle UK's 'dirty money'"
335:"Waterstones bookshops bought by hedge fund Elliott Advisors"
376:"Ukraine crisis: How much Russian money is there in the UK?"
399:. House of Commons Foreign Affairs Committee. 15 May 2018.
261:"Londongrad tries to kick its 30-year Russian money habit"
259:
Macaskill, Andrew; Belton, Catherine (28 February 2022).
150:
Russian oligarchs § Russian oligarchs in London
77:football clubs, Scottish country estates, and the
290:"Five things we learned about Russians in the UK"
16:"Londongrad" redirects here. For other uses, see
155:History of Russia (1991–present)#"Shock therapy"
186:
184:
182:
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519:"How Britain let Russia hide its dirty money"
394:"Moscow's Gold: Russian Corruption in the UK"
223:"The Role of Oligarchs in Russian Capitalism"
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562:Russian businesspeople in the United Kingdom
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252:
250:
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567:Russian emigrants to the United Kingdom
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114:poisoning of Sergei and Yulia Skripal
7:
38:Russian money has been prevalent in
364:from the original on 17 April 2022.
122:Intelligence and Security Committee
14:
457:Pickard, Jim (28 February 2022).
438:from the original on 3 March 2022
406:from the original on 3 March 2022
202:from the original on 6 March 2022
192:"The rise and fall of Londongrad"
85:art institution was supported by
491:. New York: St. Martin's Press.
227:Journal of Economic Perspectives
129:2022 Russian invasion of Ukraine
352:Johnston, Ian (17 April 2022).
333:Flood, Alison (26 April 2018).
314:Sweeney, Mark (14 March 2022).
271:from the original on 2022-03-01
44:dissolution of the Soviet Union
28:dissolution of the Soviet Union
221:Guriev, Sergei (Winter 2005).
160:Russians in the United Kingdom
46:in 1991, following which many
1:
52:foreign investor visa routes
18:Londongrad (disambiguation)
588:
110:Transparency International
15:
487:Bullough, Oliver (2022).
133:Unexplained wealth orders
118:Foreign Affairs Committee
557:Privatization in Russia
24:Russian money in London
68:British Virgin Islands
54:, introduced during
137:Economic Crime Bill
97:invested £100m to
552:Economy of London
87:Viktor Vekselberg
48:Russian oligarchs
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572:Wealth in Russia
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517:(May 25, 2018).
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127:Following the
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528:. Retrieved
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294:BBC Radio 4
103:James Daunt
99:Waterstones
60:premiership
546:Categories
507:1303568974
275:2022-03-06
171:References
91:Peter Aven
56:John Major
42:since the
433:Archived
426:"Russia"
401:Archived
380:BBC News
362:Archived
269:Archived
200:Archived
144:See also
530:July 3,
468:6 March
442:6 March
410:6 March
299:17 July
265:Reuters
206:6 March
34:History
505:
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237:15 May
40:London
436:(PDF)
429:(PDF)
404:(PDF)
397:(PDF)
532:2022
503:OCLC
493:ISBN
470:2022
444:2022
412:2022
301:2022
239:2024
208:2022
89:and
83:Tate
66:and
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