UK: Fresh sanctions placed on Russia as Belarus swallows first tranche March 2, 2022 The UK government has imposed a second round of sanctions on Russia and fresh restrictions on Belarus, following their invasion of neighbouring Ukraine. The UK became the first country yesterday to ban all Russian ships from entering UK ports. New measures hauled in today by foreign secretary Liz Truss, amid Russian president Vladimir Putin’s sustained [...]
TUI’s main shareholder Alexey Mordashov resigns following EU sanctions March 2, 2022 Russian billionaire Alexey Mordashov resigned today from travel firm TUI’s board after he became a target of the EU sanctions against Russia. Mordashov, a close friend of Vladimir Putin, has been TUI’s majority shareholder for around 15 years, owning 34 per cent stake of the company. The remaining 66 per cent is owned by several [...]
Starmer calls on PM to sanction ‘every Russian oligarch’ with UK assets March 2, 2022 Sir Keir Starmer has called on Boris Johnson to sanction “every oligarch and crack open every shell company” to shut out dirty Russian money from the UK. The Labour leader said Chelsea owner Roman Abramovich should in particular be targeted immediately, along with former Russian deputy PM Igor Shuvalov who has properties worth more than [...]
Raab: ‘Nothing off the table’ on sanctioning Russian oil and gas assets March 1, 2022 The UK government is still considering sanctions on Russian oil and gas supplies, according to comments made by deputy prime minister Dominic Raab today. Raab told the BBC: “I think we will look at that very carefully… As we take action to starve the Russian war machine, there is nothing that is off the table.” [...]
Watch: Russians forced to rethink summer travel plans as sanctions and anti-Russian sentiment bite May 24, 2022 Russians are rethinking their summer travel plans abroad amid rising prices and fears of growing anti-Russian sentiment. Watch the full report.
Foreign Secretary Liz Truss backs energy sanctions against Russia February 27, 2022 Foreign Secretary Liz Truss has called for limits on oil and gas imports from Russia, following the country's invasion of Ukraine.
Truss: UK could lift Russia sanctions if Putin withdraws from Ukraine March 27, 2022 The UK could lift its set of crippling economic sanctions on Russia if Vladimir Putin withdraws his troops from Ukraine and promises to commit “no further aggression”, foreign secretary Liz Truss has said. Truss said last night that an “off ramp” could be offered to Putin if he stops his invasion of Ukraine, but that [...]
Sanctions bite London listed Petropavlovsk as shares slide 12 per cent March 25, 2022 London listed Petropavlovsk has said it is unable to sell gold or repay a loan because of Gazprombank's inclusion on the UK’s sanctions list.
Ukraine: UK to freeze assets of major Russian banks in new sanctions February 24, 2022 All major Russian banks will be shut out from operating in the UK and large Russian firms will be blocked from raising capital in the City in a package of economic sanctions announced by Boris Johnson today, which has been described as the largest ever by a British government. This will include VTB Bank, the [...]
Boris Johnson’s sanctions tread on almost no one’s toes February 24, 2022 IF you’re going to talk the talk, you better be able to walk the walk; it is a helplessly overused cliché, but as Boris Johnson tries to assert a firm hand of Global Britain with economic sanctions against Russia, it is the simplest words that ring true. Over the last few weeks, the prime minister [...]