UK bars refuse to sell Russian vodka in show of solidarity to Ukraine March 1, 2022 Several bar operators have said they will not serve Russian vodka amid the Russian invasion of Ukraine. Businesses including London Cocktail Club-operator Nightcap Group and Arc Inspirations said they were removing Russian vodka and other alcohol brands from their sites. Bosses said they wanted to show solidarity with Ukrainians caught up in the unfolding conflict. [...]
Visa and Mastercard shut out Russian financial institutions from networks March 1, 2022 US card payment giants Visa and Mastercard have shut out Russian financial institutions from their payments networks after Western nations ramped up sanctions on Russian firms.
Total Energies fails to follow BP and Shell in exiting Russian projects March 1, 2022 Total Energies has announced it will no longer provide capital for new projects in Russia, following the country's invasion of Ukraine.
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.” [...]
Fugitive Russian oligarch allowed to sell Belgravia mansion to pay £10m legal fees May 26, 2022 A High Court judge has said fugitive Russian banker Georgy Bedzhamov should be allowed to sell his £35m Belgravia mansion, to pay his lawyers £10m in legal fees. The High Court gave Bedzhamov the OK to sell his mansion on London’s ultra-expensive Belgrave Square, to pay £5m to Mishcon de Reya and a further £5m [...]
Grant Shapps asks UK ports to deny access to Russian ships February 28, 2022 Transport Secretary Grant Shapps has written today to all UK ports asking them to deny access to any Russian-flagged and operated ships. “Given Putin’s action in Ukraine, I’ve made clear these vessels are NOT welcome here with prohibiting legislation to follow,” he said in a tweet. In a letter addressed to all UK ports, Shapps [...]
Ukraine: UK bans Russian banks from clearing payments in Sterling February 28, 2022 The UK will ban Russian banks from clearing payments in Sterling and has frozen the British assets of a further three financial instiutions today. Foreign secretary Liz Truss said the US will also ban Russian banks from clearing payments in US dollars as well. She said that investment firm VEB, Sovcombank and Otkritie Bank will [...]
Comparethemarket pulls ads featuring Russian meerkat amid Ukraine crisis February 28, 2022 Comparethemarket has pulled its ads featuring the animated Russian meerkat Aleksandr Orlov from news bulletins following Russia’s invasion of Ukraine. The price comparison site said it had reviewed its media plan to make sure the adverts did not appear around content such as news bulletins on the Ukrainian conflict. “The Comparethemarket meerkats are fictional characters. They have [...]
Uniper expects to pay for Russian gas in roubles despite halting flows into Poland and Bulgaria April 27, 2022 Uniper has confirmed it still expects to be able to pay for long-term gas contracts from Russia through the roubles payments process signed into law by Russian President Vladimir Putin last month.
Eversheds Sutherland strikes deal with Russian ‘relationship firm’ – made up of ex-employees April 27, 2022 Law giant Eversheds Sutherland has entered into an “exclusive” relationship with a newly-formed Russian law firm consisting entirely of its former employees just weeks after vowing to cut links with Russia in response to the country’s invasion of Ukraine. The London law firm said all of its Russian lawyers had transferred to its newly launched [...]