London Daily

Focus on the big picture.
Sunday, Mar 01, 2026

Name the eight oligarchs given ‘golden visas’, demands Labour

Name the eight oligarchs given ‘golden visas’, demands Labour

Exclusive: Call for Priti Patel to name the Russians on sanctions list and publish report on defunct visa purchase scheme
The government is facing fresh calls to reveal the identities of eight sanctioned Russian oligarchs who were allowed to buy “golden visas” to live in the UK.

Stephen Kinnock, the shadow minister for immigration, is demanding that the home secretary, Priti Patel, name the eight Russians on the sanctions list and publish a long-withheld report on the now scrapped visa purchase programme.

The government closed the “tier 1 investor visa” scheme in February as diplomatic relations with Russia came under severe strain. A week later, Russia invaded Ukraine, prompting the US, EU and UK to impose sanctions on many of Russia’s richest people to try to put pressure on Putin’s regime.

Those on the sanctions list include Roman Abramovich, the billionaire owner of Chelsea FC; Alisher Usmanov, the steel and mining magnate described by the EU as one of Putin’s “favourite oligarchs”; and Andrey Guryev Jr, whose family reportedly owns Witanhurst, a mansion in Highgate, north London, that is London’s second largest home after Buckingham Palace.

Critics had long warned that the golden visa scheme, under which the super-rich could essentially buy the right to reside in the UK, was open to abuse. The scheme allowed people with at least £2m in investment funds and a UK bank account to apply for residency rights, along with their family.

The Home Office last month committed to publishing a 2018 report on golden visas that covered the period from their introduction in 2008 by the Labour government up to 2015. The government has not said when it will do so.

During that period few if any checks were carried out on applicants, in what the campaign group Spotlight on Corruption described as a “red carpet for dirty money”. About 3,000 millionaires bought the visas during that time, more than 700 of whom were Russians.

In the letter to Patel, seen by the Guardian, Kinnock wrote: “By failing to be transparent about the contents of report the government is likely to raise public suspicion, and that this will in turn erode trust in government and politics more widely.

“It is simply not enough that the scheme is now closed and a small number of oligarchs sanctioned; politicians and the public alike must be able to understand the findings of the report and learn the lessons.”

The closure of the scheme in February was welcomed across parliament, although MPs have expressed security concerns related to those granted the visas. Spotlight on Corruption said last year that 6,312 golden visas – half of all such visas ever issued – were being reviewed for possible national security risks.

The Home Office said: “Following Russia’s illegal invasion of Ukraine, the government moved quickly to sanction those linked to the Putin regime and to ensure that there is no safe haven in the UK for his allies to hide their dirty money.

“The New Economic Act, which received royal assent after an expedited passage through parliament, delivers a package of measures to bring tougher sanctions against those who facilitate illicit finance in the UK and empowers law enforcement to investigate entities who do not comply. As part of the Act, a new register of overseas entities also compels faceless foreign companies who own UK property to reveal their identities.”
Newsletter

Related Articles

0:00
0:00
Close
When the State Replaces the Parent: How Gender Policy Is Redefining Custody and Coercion
Bill Clinton Denies Knowing Woman in Hot Tub Photo During Closed-Door Epstein Deposition
Former U.S. President Bill Clinton Testifies on Ties to Jeffrey Epstein Before Congressional Oversight Committee
Dyson Reaches Settlement in Landmark UK Forced Labour Case
Barclays and Jefferies Shares Fall After UK Mortgage Lender Collapse Rekindles Credit Market Concerns
Play Exploring Donald Trump’s Rise to Power by ‘Lehman Trilogy’ Author to Premiere in the UK
Man Arrested After Churchill Statue Defaced in Central London
Keir Starmer Faces Political Setback as Labour Finishes Third in High-Profile By-Election
UK Assisted Dying Bill Set to Fall Short in Parliament as Regional Initiatives Gain Ground
UK Defence Ministry Clarifies Position After Reports of Imminent Helicopter Contract
Independent Left-Wing Plumber Secures Shock Victory as Greens Surge in UK By-Election
Reform UK Refers Alleged ‘Family Voting’ Incidents in By-Election to Police
United Kingdom Temporarily Withdraws Embassy Staff from Iran Amid Heightened Regional Tensions
UK Government Reaches Framework Agreement on Release of Mandelson Vetting Files
UK Police Contracts With Israeli Surveillance Firms Spark Debate Over Ethics and Oversight
United Airlines Passenger Hears Cockpit Conversations After Accessing In-Flight Audio Channel
Spain to Conduct Border Checks on Gibraltar Arrivals Under New Post-Brexit Framework
Engie Shares Jump After $14 Billion Agreement to Acquire UK Power Grid Assets
BNP Paribas Overtakes Goldman Sachs in UK Investment Banking League Tables
Geothermal Project to Power Ten Thousand Homes Marks UK Renewable Energy Milestone
UK Visa Grants Drop Nineteen Percent in 2025 as Migration Controls Tighten
Barclays and Jefferies Among Banks Exposed to Collapse of UK Mortgage Lender MFS
UK Asylum Applications Edge Down in 2025 Despite Rise in Small Boat Crossings
Jefferies Reports Significant Exposure After Collapse of UK Lender MFS
FTSE 100 Reaches Fresh Record Highs as Major Share Buybacks and Earnings Lift London Stocks
So, what's happened is, I think, government policy, not just under Labour, but under the Conservatives as well, has driven a lot of small landlords out of business.
Larry Summers, the former U.S. Treasury Secretary, is resigning from Harvard University as fallout continues over his ties to Jeffrey Epstein.
U.S. stocks ended higher on Wednesday, with the Dow gaining about six-tenths of a percent, the S&P 500 adding eight-tenths of a percent, and the tech-heavy Nasdaq climbing roughly one-and-a-quarter percent.
From fears of AI-fuelled unemployment to Big Tech's record investment, this is AI Weekly.
Apple just dropped iOS 26.4.
US Lawmakers Seek Briefing from UK Over Reported Encryption Order Directed at Apple
UK Business Secretary Calls on EU to Remove Trade Barriers Hindering Growth
Legal Pathways for Removing Prince Andrew from Britain’s Line of Succession Examined
PM Netanyahu welcome India PM Narendra Modi to Israel
Shadow Diplomacy: How Harry and Meghan’s Jordan Trip Undermines the Monarchy
Sir Jim Ratcliffe, co-owner of Manchester United, comments on immigration in the UK.
Bill Gates, the UN and the WEF are attempting to construct "a giant digital gulag for all of humanity" via digital ID, CBDCs and vaccine passport infrastructure.
Britain’s Channel Crisis: Paying Billions While the Boats Keep Coming
Downing Street’s Veteran Deception Scandal
UK HealthCare Expands ‘Food as Health’ Initiative Statewide to Tackle Chronic Illness in Kentucky
Leonardo Chief Says UK Set to Decide on New Medium Helicopter Programme
UK Slows Chagos Islands Agreement After Concerns Raised in Washington
European and UK Stock Markets Reach Fresh Highs as Banks and Miners Lead Rally
UK Government Insists Chagos Islands Negotiations Continue After Minister’s ‘Pause’ Remark
No Confirmed Deal for Engie to Acquire UK Power Networks Amid Market Speculation
UK Reaffirms Updated Entry Requirements for Travellers as of February 25, 2026
General Atlantic to sell equity stake in ByteDance, valuing the company at $550 billion
German Chancellor Friedrich Merz Secures Pledge from China for Greater Imports of Quality Goods
Lord Mandelson Condemns Arrest as Driven by ‘Baseless Suggestion’ He Would Flee Abroad
Former UK Ambassador Released on Bail Following Arrest in Epstein-Linked Investigation
×