I’ve said it before. Johnson’s backers are Russian money men. They got their money from the same sort of corruption and kleptocratic Chumocracy that looted Russia after the fall of the Communist regime. Johnson has just made one of his closest contacts a peer. He just happens to be the son of a Russian money man and ex KGB who suddenly became very rich.
What is sickening is that the Peerages committee have the nerve to actually come out and say that he and Johnson brother are not there because of Johnson.
It is all linked to Brexit, too.
Different groups who drove and funded the whole anti-EU campaign had different motivations. Anti-regulationist free-marketeer zealots were one; self-styled patriot tossers another. But the main one, the group that provided the bulk of the funding, were those desperate to keep the British Overseas Territories and Crown Dependencies out of legislation being pushed by the EU to rip back the veil of secrecy that these sub-jurisdictions provide for finances, but more especially for hiding assets through labyrinthine shell company set-ups.
They're most used by tax-dodgers, dictators and their family/friend networks, organised criminal gangs, drug traders - and corrupt, thieving Russian oligarchs and the like.
There's actually a huge industry in servicing that flow of money, the bulk of which goes through London. There's accountants, lawyers, bankers, facilitators, currency exchangers, plus an array of services helping these scumbags 'invest' their hidden assets - a lot of that investment in the UK, and especially London (helping keep the property market inflated). A lot of jobs depend on this illicit flow. And, of course, as they require GBP to shift their ill-gottens and tax-dodging money, it provides a boost to demand for - and therefore the value of - Sterling.