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Old 20th March 2014, 21:48
Hannia Hannia is offline
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Londongrad


London 'draining life' from rest of UK economy - Yahoo Finance
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Old 20th March 2014, 23:11
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Welcome to Londongrad - Forbes.com
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Old 20th March 2014, 23:23
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Londongrad Dealmakers Threatened by Sanctions - Bloomberg
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Old 21st March 2014, 01:33
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UK budget to tackle wrong sort of growth | Video | Reuters.com
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Old 23rd March 2014, 18:06
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The best-known among them include the oligarchs, the cadre of men who walked off with Russia's valuable natural resources and state-owned enterprises, often amid murky, corrupt and even violent privatizations. While many of these wealthiest Russians have also bought homes in France, New York or Israel, London has clearly emerged as a destination of choice. Russians are lured by its four-hour proximity to Moscow, strong capital markets and favorable tax laws. "London is a metropolis," says Olga Sirenko, a Russian who moved there in 1997 and now edits a Web site for Russian expats. "It is fashionable. It has all the boutiques. It has all the culture. Moscow doesn't have that kind of chic."

Nor does Moscow have a judicial system like Britain's that protects them from unwelcome inquisitors. "I think they feel this is a country of law. They feel they are well protected here," says a notable among them, Boris Berezovsky, in England since 2001.

Welcome to Londongrad - Forbes.com
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Old 25th March 2014, 14:27
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According to Judah, Russian money now influences British authorities. He underlines the fact that oligarchs are well integrated in the upper echelons of British society, partly because they send their children to the most expensive private schools. There are 2,150 Russian children in the biggest boarding houses, representing tuition fees of about $97 million per year. "The British elite have a hedge-fund mentality. They don't produce anything but live off annuities they take on foreign money, including from Russia," he claims.

Why 'Londongrad' Weighs On Britain's Russia Policy
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Old 25th March 2014, 15:47
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City of London - Den of iniquity!

When you examine the UK economy closely you begin to see a mismatch between countries like the UK and Germany. Germany generates wealth through tangible production in the form of engineering, consumer goods and innovation. The UK's manufacturing industries have declined because of inadequate investment of finance and human resources skilling. Instead, British investors have looked to the far east for a "quicker buck" that does now flow back into London's city financial institutions, but NOT into the general economy of the UK.

Resulting from banking and other investment practices that are dubious, bordering on illegality in certain USA law and other countries practices, the UK financial institutions remain a haven for dubious money. The City of London provides an environment for dubious money to prosper and gain credibility. It is not surprising therefore that Russian, Kazakhstan and other former Soviet state oligarchy and elite politicos have turned to London in preference to other locations.

It is difficult to assess how much this semi immoral and potential criminality is subsidising Britain's remaining tangible economy which arises from high tech aerospace, warfare, high end quality bespoke cars, music/ film entertainment and alcohol/ cigarette production.

In the absence of sufficient small and medium business opportunities for investment and certain profit, real estate is one of the few big money makers. Billionaires are being created from gaining property portfolios, that because of extortionate rents can generate tremendous returns from tenants whose live's become miserable as their accommodation costs them a greater part of their earnings with every passing year.

Perhaps it is this more disagreeable aspect of Britain that many Scots are considering becoming independent from?
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