Some have argued in the past that a large part of the economy is money launderin... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		zanderz on Oct 3, 2022 \| parent \| context \| favorite \| on: The Pound's Warning for Europe Some have argued in the past that a large part of the economy is money laundering for Russian oligarchs - hence the pejorative "Londongrad" nickname. Might a slowdown of this activity be affecting the economy as well?

simonh on Oct 3, 2022 [–]

That was only ever a minuscule fraction of offshore investment into the UK. It’s a great meme but that’s all.

Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact