Companies

Eddie Hobbs counts ‘economic war against Russia’ among main risks to his company

Profits at the company run by the outspoken financial adviser and former TV presenter nearly tripled in 2021

Eddie Hobbs’s business said its main ‘asymmetric risk is the escalation and widening of the global financial war against Russia, the kinetic theatre of which is in Ukraine’.

Eddie Hobbs, the outspoken financial adviser, counts the “economic war against Russia” among the principal risks to his company, newly filed accounts show.

Accounts filed by Hobbs Financial Practice Limited, which Hobbs owns with his wife Mary Fehily-Hobbs, show the firm listed the sanctions imposed on Russia as a significant risk.

“The principal asymmetric risk is the escalation and widening of the global financial war against Russia, the kinetic theatre of which is in Ukraine,” ...