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Stuff like that sucks, absolutely, but again it's not a huge factor to the UK economically. That money passed through, it didn't land in the UK. The impact on u
by simonh 5y ago
Stuff like that sucks, absolutely, but again it's not a huge factor to the UK economically. That money passed through, it didn't land in the UK. The impact on us economically was probably in the 10s of millions. Total Russian investment into the UK is only about 1% of all foreign investment, which itself is 20% of GDP. So 0.2% of our economy is linked to Russia at all.
- pjc50 5y ago> The impact on us economically was probably in the 10s of millions That's less than Roman Abramovich paid for one Chelsea player. There's probably been more than £10m of donations to the Tory party alone from oligarchs. Try again with a more realistic figure. https://www.theguardian.com/politics/2020/sep/21/tory-donors-husband-given-8m-by-kremlin-linked-oligarch https://www.theguardian.com/politics/2020/sep/21/tory-donors...
- simonh 5y agoIt depends where the money landed, that's where the big fees would be made, but just shuffling it around, I'd be very surprised if it was more than that. Look, you can bring up minuscule footnotes in Appendix F of what matters to the UK economy as much as you like. Yes these things suck. No they are not even remotely consequential to why a taxi driver in London, or Londoners in general earn what they do or how a modern economy functions. The more time you spend obsessing over incidental edge cases, because they are things you can get enraged about and get a good adrenalin buzz over, the longer you will be mind blastingly uninformed about how the word really works.