Ukraine: Starmer says UK must ‘cripple’ Russia with sanctions February 24, 2022 Boris Johnson must “cripple” Russia with stringent economic sanctions and freeze the country out from the global financial system, Labour leader Sir Keir Starmer has said. Starmer said the west needs to make a “clean break with the failed approach to handling Putin” in the wake of the Russian President’s full-scale invasion of Ukraine. Johnson [...]
UK sanctions five banks in response to Russian ‘invasion’ of Ukraine February 22, 2022 The UK has sanctioned five Russian banks and three oligarchs close to the Kremlin in response to Vladimir Putin’s move last night to invade parts of Eastern Ukraine. Boris Johnson told MPs this afternoon that Rossiya Bank, IS bank, Genbank, Promsvyazbank and the Black Sea Bank have all been barred from trading in the UK [...]
UK ‘not protected from economic consequences’ of Russia sanctions, say MPs March 23, 2022 An influential Westminster committee has claimed the British economy is “not protected from the economic consequences” of western sanctions against Russian oil and gas, and that Rishi Sunak must bring forward help to the country’s lowest earners. A report from the Treasury Select Committee said the UK government was “right to insist” on wide-ranging sanctions [...]
Exclusive: Sanctioned Russian bank to vote in City of London Corporation election March 22, 2022 Russia’s second largest bank VTB Bank will get a share of votes in the City of London Corporation election on Thursday, despite being severely sanctioned by the UK government. The powerful local authority allows businesses located in the City to have a certain number of votes, depending on how many staff they have, as only [...]
Russia re-registers 800 aircraft amid anti-sanctions campaign March 22, 2022 Russia said today it has re-registered 800 aircraft after President Putin signed a law last week which allows Russian carriers to take ownership of foreign-leased planes. The news comes on the same day Moscow said 78 of its aircraft were impounded by foreign governments. “(We have) lost 78 planes,” said Russian transport minister Vitaly Savelyev. [...]
Russian elite planning Putin coup as Western sanctions cripple the country March 22, 2022 Russian elite are plotting to poison Vladimir Putin, Ukrainian intelligence officials have claimed.
Moscow airport furloughs 7,000 people as sanctions continue to bite March 21, 2022 Moscow’s Sheremetyevo Airport has furloughed around 7,000 members of its staff after West’s sanctions on Moscow following the invasion of Ukraine. The hub – which last year saw 30.9 million passengers pass through its gates – furloughed 40 per cent of its staff, cutting pay by a third, Russian media reported. General director Mikhail Vasilenko [...]
Australia ramps up sanctions with export bans of alumina and aluminium to Russia March 20, 2022 Australia has imposed an immediate ban on exports of alumina and aluminium ores to Russia as it ramps up sanctjons on the country.
Calls grow to pause benefits sanctions until merciless cost-of-living crisis has calmed down July 14, 2022 Benefits sanctions should be paused by the UK government until the cost-of-living crisis has been resolved, Citizens Advice Scotland has said. Advice from the charity on sanctions to Universal Credit rose by 5 per cent in 2021-22, research published today indicated. With inflation rising and impacting on the cost of goods, Citizens Advice said a [...]
Russia prepared to re-route gas flows if punished with sanctions February 16, 2022 Russian finance minister Anton Siluanov has warned the country could shift supplies to other markets if it is hit with sanctions.