U.K. Prime Minister Boris Johnson announced Thursday that the U.K. government will freeze assets of all major Russian banks and block Russian entities …
U.K. Prime Minister Boris Johnson announced Thursday that the U.K. government will freeze assets of all major Russian banks and block Russian entities from raising money on U.K. markets as part of the international response to Russia’s invasion of Ukraine. «We will continue on a remorseless mission to squeeze Russia from the global economy piece by piece, day by day and week by week,» Johnson told the House of Commons. «And we will, of course, use Britain’s position in every international forum to condemn the onslaught against Ukraine. And we will counter the Kremlin’s blizzard of lies and disinformation by telling the truth about Putin’s war of choice and his war of aggression.» The sanctions will see all major Russian bank assets in the U.K. frozen and excluded from the British financial system.
