Hide, park: Russian money in London

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Britain’s capital is packed with foreign capital, in particular the Russian kind. We ask what it is about London that <a href="https://www.economist.com/1843/2022/05/05/londongrad-is-falling-down?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_cont ...

The oligarchs who made their way to London in the early 2000s and changed it presented themselves as embodiments of the new Russia; members of the global elite, and arms-length beneficiaries of Vladimir Putin’s new order, not slaves to it. Those were the terms on which Britain le ...  Show more

Oligarchs from Russia and beyond stash their cash in British banks, which play a central role in the global offshore economy. This episode was produced by Miles Bryan, edited by Matt Collette, fact-checked by Victoria Dominguez, engineered by Paul Mounsey, and hosted by Noel King ...  Show more

Since the collapse of the USSR, London has become the city of choice for Russian oligarchs.

In this episode, we'll explore how the UK's capital welcomed Russian money and why London became nicknamed "Londongrad".