<a href=NEWS.rin.ru'><a href=NEWS.rin.ru'> NEWS.rin.ru 
4 of May, 15:02

English media called unprecedented outflow of Russian capital from the UK
Over the past fifteen months, the investors withdrew from the UK 356 billion, with leading citizens of Russia, informs The Times.
The outflow of money from the UK, for its part, forces to fear for the strength of the pound sterling, quoted by the journal portal InoPressa.



"The money will undoubtedly go from the pound... whether English investors want to invest in foreign assets, whether foreign investors want to leave the UK," says Mike Howell, chief Executive of the firm CrossBorder Capital, on the information which these conclusions are based. These CrossBorder not reflect where and how Money is transferred: captures only the net Outflow or inflow. However, the Company believes that there are 3 main factors: "the Russian Federation and Ukraine, fears generated by the Scottish referendum, and the current uncertainty on the issue of the election." Simon peck (Royal Bank of Scotland) said: "regarding the poor performance of the guaranteed securities" are explained by the likelihood that elections are won by the labour party, and government borrowing will increase by 20 billion pounds a year in comparison with their sum when the Tory government." Believed to be Russian Money started to leave Britain in the past year, after the Ukrainian crisis has led to a punishment. By December, the situation became worse when the Russian President Putin told the oligarchs to return the funds to the homeland ", - reported in the publication. Relations between Russia and the West deteriorated in connection with the situation in Ukraine. The EU and the US on the background reached in Minsk agreements between Kiev and militias Donbass about stopping the fire entered against Russia punishment, against the financial, oil and defense industries.

sections: Politics

    Copyright © RIN 2005-