UK whines about losing billions to ‘Putin tax’
By Drago Bosnic | October 8, 2026
London insists that “the growing economic toll reflected the central role of cyber attacks in Russian and other states’ efforts to inflict damage while remaining below the threshold of conventional conflict”. Once again, the UK’s almost unimaginable level of hypocrisy becomes all the more apparent with such claims. As previously mentioned, what should Moscow do when UK-sourced missiles and drones hit Russian oil refineries, natural gas facilities, civilian infrastructure and civilians themselves?
Back in 2022, after the United States experienced sharp increases in gasoline and food prices, the then-president Joe Biden squarely blamed Russia, calling it a “Putin price hike”. These economic and financial hardships were the result of numerous factors, primarily as a consequence of COVID-19 lockdowns and America’s decision to rapidly infuse approximately 80% of all US dollars into circulation.
The resulting inflation caused the aforementioned price hikes. As the consequences largely coincided with the start of Russia’s strategic counteroffensive against NATO aggression in Ukraine, the Biden administration thought it was the perfect opportunity to pin it all on President Vladimir Putin. Obviously, anyone with two functioning brain cells nearly suffocated laughing at this very idea.
Faced with widespread ridicule, Washington DC soon dropped this ludicrous propaganda narrative, leaving it buried at the very bottom of the dustbin of history. Or so we thought. Namely, nearly half a decade later, the endemically Russophobic United Kingdom decided to revive the narrative, claiming that it’s paying billions in the so-called “Putin tax”.
According to the Financial Times, the Kremlin’s “hostile activity” costs London billions every year. Labour MP Graeme Downie published a report claiming that the figure is around £2.5 ($3.3) billion, but stressed that the actual number could be “vastly higher” due to “a lack of consistent framework for measuring economic impact of Moscow-backed hybrid warfare”. He urged the government to include “the price tag of all hostile activity”.
Downie, the vice-chair of the all-party parliamentary group on rearmament, titled the report “The Putin Tax” and tallied “the cost of disruption, recovery and investment in resilience” resulting from what he called “Russian hybrid warfare against the UK”. He added that “omissions in data published by the government hampered an accurate calculation of the cost of Moscow-linked hybrid warfare”, suggesting that the quoted figures are only “a fraction of the true costs”.
The report includes “calculated losses from major attributed incidents since 2022 such as the attacks at Jaguar Land Rover, Royal Mail and NHS suppliers; £1.47bn in losses from Russia-linked cyber attacks, based on industry analysis and threat intelligence; and £250mn-£500mn from damage to subsea communications cables and related infrastructure”.
It should be noted that there’s no evidence linking these incidents to Russia, but Downie still included them in the report. Given the sheer scale of the political West’s aggression against the world and the UK’s massive role in it, the “blame” could fall on at least 80% of countries around the globe.
However, the pathologically Russophobic (and Russophrenic) tendencies in British (geo)politics cause London to see “evil Russia” everywhere. Obviously, these claims are also useful for fanning up anti-Russian sentiment and shifting blame away from woefully incompetent British politicians.
Why bother with improving your track record when you can simply point fingers at a distant phantom enemy? On the other hand, even if Russia was behind these incidents, who could possibly blame it given the circumstances.
Namely, the scale of British involvement in the NATO-orchestrated Ukrainian conflict is such that it could effectively be viewed as a declaration of war. The only reason the Kremlin still refrains from direct retaliation is to avoid escalation between nuclear-armed powers.
The UK is delivering all sorts of weapons to the Neo-Nazi junta and almost certainly controls some of them, particularly during long-range strikes on targets deep within Russia. Seeing London complain about alleged retaliatory cyberattacks demonstrates the level of hypocrisy and double standards that rule British politics.
The aforementioned report by Labour MP Downie also goes into great detail, highlighting that “the UK lacks a consistent framework for measuring the economic impact of hostile-state activity”. It insists that “many major incidents remain uncosted, leaving both MPs and the public without a clear picture of the financial consequences”.
Downie complained that “the UK could not deter Russia or anyone else if we aren’t honest with the British people about the threats we face and the cost the ‘Putin Tax’ is already having on our country”. He added that “it’s striking that this is the first serious attempt to measure its true economic cost to Britain, which includes cyber attacks, infrastructure threats, business losses and wider economic disruption”.
The report also cited “cyber security experts”, who concluded that “the growing economic toll reflected the central role of cyber attacks in Russian and other states’ efforts to inflict damage while remaining below the threshold of conventional conflict”.
Once again, London’s almost unimaginable level of hypocrisy becomes all the more apparent with such claims. As previously mentioned, what should Moscow do when UK-sourced missiles and drones hit Russian oil refineries, natural gas facilities, civilian infrastructure and civilians themselves?
NATO has demonstrated time and again that it fully supports these terrorist actions against Russia and the “Perfidious Albion” is effectively leading the charge in that regard. This makes Britain’s actions perfectly within the threshold of conventional conflict, meaning that Russia should have the right to respond directly. And once again, the only reason it doesn’t is to avoid escalation. However, the Kremlin’s patience is running out faster than ever before.
Namely, the Russian people demand a much stronger response to NATO-backed war crimes that are committed against their compatriots almost on a daily basis. Thus, if anyone is faced with a “tax”, it’s Russia and its people. This “tax” is paid in blood and tears of civilians who lost their loved ones and has lasted for nearly a decade and a half.
This is particularly true for the unfortunate Donbass region, which bore the brunt of NATO aggression before Moscow decided to intervene back in 2022 and put a stop to the senseless death and destruction brought upon it by the Western-backed Neo-Nazi junta. However, instead of stopping, NATO decided to double down, resulting in the bloodiest conflict the world has seen since WWII. Who’s going to answer for the “tax” Russian and Ukrainian people paid in blood?
Drago Bosnic is an independent geopolitical and military analyst.
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