FINANCIAL TIMES: British business leaders have criticised the UK prime minister for expressing concerns over the investment climate in Russia even as Moscow steps up moves to take control of energy assets belonging to foreign companies.
At an investment forum in St Petersburg over the weekend, where dozens of global chief executives paid homage to Russia’s growing economic might, Hans Jörg Rudloff, the chairman of Barclays Capital, said the British government was mistaken when it expressed public concern last week over the growing risks of investing in Russia.
“Their approach looks unbalanced,” Mr Rudloff said. “Russia’s transition to a market economy has been successful and cannot be undone.” Blair criticised for voicing Russia fears (more) By Catherine Belton and Neil Buckley
Mark Alexander
