{"id":125144,"date":"2022-03-06T22:36:03","date_gmt":"2022-03-06T15:36:03","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oligarch-money-is-embedded-in-london-beware-the-big-talk-of-a-crackdown-john-harris\/"},"modified":"2022-03-06T23:04:05","modified_gmt":"2022-03-06T16:04:05","slug":"oligarch-money-is-embedded-in-london-beware-the-big-talk-of-a-crackdown-john-harris","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oligarch-money-is-embedded-in-london-beware-the-big-talk-of-a-crackdown-john-harris\/","title":{"rendered":"Oligarch money is embedded in London. Beware the big talk of a \u2018crackdown\u2019 | John Harris"},"content":{"rendered":"


\nHow can we expect the Tory party to wean Britain off Russian wealth and power, when they got us hooked in the first place?In some of London\u2019s most exclusive neighbourhoods, you can suddenly sense the kind of unease that wealth usually keeps at bay. As the government talks up its determination to crack down on Russian oligarchs, a much wider shift may be afoot. On Friday the Financial Times quoted the chair of Aylesford International, a Chelsea estate agent whose current offerings include a four-bedroom apartment in Cadogan Square, SW3, going for the best part of \u00a312m. \u201cThe severity of these sanctions is the beginning of a new world, a new market,\u201d he said. \u201cI don\u2019t think you can hide any more.\u201dOn Monday, the House of Commons will debate the government\u2019s economic crime (transparency and enforcement) bill \u2013 first drafted four years ago, since subjected to serial delays, but now finally revived thanks to Vladimir Putin\u2019s invasion of Ukraine. Ministers say they want to tackle the tangle of secrecy and deception that has long surrounded money stripped out of overseas economies and poured into British property, assets and banks, and thereby smooth the way for even harsher action against people linked to the Russian government. Whether this will do anything to halt the current killing and chaos is rather more doubtful than some people are making out, but Boris Johnson insists the bill will \u201ccontinue to tighten the noose around Putin\u2019s regime\u201d. Continue reading…
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\nSource : theguardian.com
\nRead more…Oligarch money is embedded in London. Beware the big talk of a \u2018crackdown\u2019 | John Harris<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

How can we expect the Tory party to wean Britain off Russian wealth and power,...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-125144","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wys","jetpack-related-posts":[{"id":88341,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tinker-tailor-soldier-property-investor-uk-takes-aim-at-russian-owners-of-luxury-homes\/","url_meta":{"origin":125144,"position":0},"title":"Tinker, tailor, soldier, property investor: UK takes aim at Russian owners of luxury homes","date":"May 15, 2018","format":false,"excerpt":"\r It\u2019s a stand-off that evokes the drama of the cold war era: the UK and Russia have locked horns over the poisoning of former Russian double agent Sergei Skripal and his daughter in a sleepy English city in March this year. Unlike during the cold war though, when such\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125138,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-london-became-the-place-to-be-for-putins-oligarchs\/","url_meta":{"origin":125144,"position":1},"title":"How London became the place to be for Putin\u2019s oligarchs","date":"March 6, 2022","format":false,"excerpt":"\r From its biggest private house to a disused tube station, London has long been an attractive place for the Russian president\u2019s cronies to buy property. Their ill-gotten wealth permeated the capital at the expense of us allRussia-Ukraine war: live updatesFor years, if not decades, the luxury property market in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113489,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-buyer-focus-will-not-fix-housing-letters\/","url_meta":{"origin":125144,"position":2},"title":"\u2018Foreign buyer\u2019 focus will not fix housing | Letters","date":"January 9, 2020","format":false,"excerpt":"\r Will McMahon says it\u2019s tax-avoidance schemes that are the real problem, while John Worrall believes punitive council tax on empty homes will helpThe repeated reference to \u201cforeign buyers\u201d in your editorial (6 January) as a key driver of the housing crisis, is in danger of misdirecting readers, as well\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131076,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savings-up-but-net-wealth-falling-as-total-household-wealth-plunges-by-almost-90-billion\/","url_meta":{"origin":125144,"position":3},"title":"Savings up but net wealth falling as total household wealth plunges by almost $90 billion","date":"October 20, 2022","format":false,"excerpt":"\r A housing market meltdown, flatlining KiwiSaver performances and mediocre share markets have sent household net wealth plummeting.Total household net wealth fell $88.9 billion during the June 2022 quarter, Stats NZ said today.\u202f\u202fBut...\r \r Source : nzherald.co.nz\/Property\r Read more...Savings up but net wealth falling as total household wealth plunges by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53802,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ft-wealth\/","url_meta":{"origin":125144,"position":4},"title":"FT Wealth","date":"May 5, 2017","format":false,"excerpt":"\r Do entrepreneurs give more to charity than those who have inherited their wealth? It is a question addressed in this edition of FT Wealth focusing on the self-made and philanthropy\r \r Source : ft.com\r Read more...FT Wealth","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58248,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wealth-gap-rises-as-home-ownership-falls-says-study\/","url_meta":{"origin":125144,"position":5},"title":"Wealth gap rises as home ownership falls, says study","date":"June 18, 2017","format":false,"excerpt":"\r Resolution Foundation finds that half the nation\u2019s wealth belongs to a tenth of adults as property ownership declinesA fall in home ownership is fuelling the return of rising wealth inequality across Britain, it has emerged.Booming house prices in the run-up to the financial crisis had led to a decade-long\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/125144"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=125144"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/125144\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=125144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=125144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=125144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}