Rich Russians head for UK in record numbers

FINANCIAL TIMES: …In the first nine months of the year, 162 investor visas were granted to Russians, compared with 96 in the same period of 2013, the figures show. The whole of 2013 saw only 118 investor visas granted to Russians, according to the data, which were first reported by The Sunday Times.

Falling oil prices, western sanctions against Moscow over its actions in eastern Ukraine, and a plummeting rouble have all taken a heavy toll on the Russian economy — sending capital flight to new heights and draining state coffers.

The rouble plunged 36 per cent last week, but after a move by the central bank to increase interest rates, the currency ended the week just 2 per cent lower… (more)

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