Putin launched one of the largest drone strikes of the year in Ukraine last night, killing 15 civilians and costing the Kremlin around £400,000,000

Putin launched one of the largest drone strikes of the year in Ukraine last night, killing 15 civilians and costing the Kremlin around £400,000,000

The warning by the president's senior government officials is the most serious sign of internal division in the Kremlin since their forces invaded Ukraine.

The Russian president was reportedly told that if current spending levels continue, the state budget deficit will grow to unmanageable levels.

Russia’s offensive has led to rising prices, tax hikes, two-decade-high borrowing costs, business shutdowns and labour shortages, putting the economy in its trickiest spot since…