Boris Johnson has announced that Britain will implement the “largest and most severe package of economic sanctions that Russia has ever seen” in response to the invasion of Ukraine.

Speaking in the Commons, the Prime Minister said that “this hideous and barbarous venture of Vladimir Putin must end in failure”, and that Britain will do everything in its power to help Ukraine “defend their homeland”.

Among the sanctions announced, include; asset freezes on all major Russian banks; legislation to prohibit Russian companies from raising finance on UK markets; sanctions against more than 100 individuals, entities and their subsidiaries; trade and export bans on a wide range of tech equipment; an imminent ban on the Russian airline Aeroflot; and an intention to shut off Russia’s access to the SWIFT payment system.

Read more here: https://www.telegraph.co.uk/politics/2022/02/24/boris-johnson-russia-ukraine-joe-biden-liz-truss-cobra/

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