Britain pays a Putin tax of billions a year, report says
The report says confirmed attacks have cost up to £2.1 billion and urges annual government estimates of hostile-state damage.
5 Articles
5 Articles
British Taxpayers Are Already Paying for Russia’s Shadow War—Up to $3.3 Billion a Year
Russian hostile activity may be costing the United Kingdom as much as $3.3 billion (£2.5 billion) every year, with the burden spread across taxpayers, businesses, and public services, even though the British government does not currently calculate the total cost, according to a new report highlighted by UK Defence Journal on October 7.
Britain pays a Putin tax of billions a year, report says
Russian hostile activity is costing Britain between £2bn and £2.5bn a year and nobody in government is counting it, according to a new report by Labour MP Graeme Downie. The post Britain pays a Putin tax of billions a year, report says first appeared on UK Defence Journal.
The hostile hybrid activity and sabotage operations of the Russian Federation result in an annual loss of up to Pound2.5 billion to the British economy, as evidenced by an analytical study of Putin's Tax Record FT: The Russian hybrid war costs Britain Pound2.5 billion a year the first Guildhall appeared.
Graeme Downie MP's 'Putin Tax': CyberCube Models 1-In-20 Odds of £3.3bn Cyber Hit
LONDON--(BUSINESS WIRE)--CyberCube, the leading provider of cyber risk analytics's data and modelling feature in a new report published today by Graeme Downie MP, with Dr Dominic Reed, 'The Putin Tax: Estimating the Economic Cost of Russian Hostile Activity Against the United Kingdom'. The report describes itself as the first attempt to measure the economic burden of Russian hostile activity on the UK, from cyber-attacks and sabotage to threats …
Russia’s hostile actions against the UK are costing the British economy at least £2-2.5 billion a year, according to a new report by Labour MP Graham Downey, who is deputy chairman of the parliamentary group on rearmament, cited by the Financial Times. The report, titled “The Putin Tax,” estimates the cost of business disruption, recovery and investment in the resilience of the British economy as a result of Russian hybrid attacks.
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