While media focuses on Russian money, UK ministers allow Gulf tyrannies to invest £140bn in Britain Molly Antigone Hall and Mark Curtis
Investments in Britain by Russian oligarchs, often involving “dirty money”, have been widely condemned across the UK’s political spectrum as Boris Johnson’s government identifies Vladimir Putin as a growing threat to the UK.
However, a far larger proportion of Britain’s assets is being bought up by the UK’s oil-rich repressive allies in the Middle Eastern Gulf states which own over five times more of Britain’s economy than Russia, figures show.
The Gulf regimes, which are run by unelected Kings or Emirs who routinely torture dissidents and ban political parties, elections and independent media, have been allowed to buy up over £140-billion in UK assets.
Investments in Britain by Russian oligarchs, often involving “dirty money”, have been widely condemned across the UK’s political spectrum as Boris Johnson’s government identifies Vladimir Putin as a growing threat to the UK.
However, a far larger proportion of Britain’s assets is being bought up by the UK’s oil-rich repressive allies in the Middle Eastern Gulf states which own over five times more of Britain’s economy than Russia, figures show.
The Gulf regimes, which are run by unelected Kings or Emirs who routinely torture dissidents and ban political parties, elections and independent media, have been allowed to buy up over £140-billion in UK assets.
While media focuses on Russian money, UK ministers allow Gulf tyrannies to invest £140bn in Britain msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
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