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UK promises to hit Russia 'very hard' with sanctions

UK promises to hit Russia 'very hard' with sanctions

Gulf Times
Tuesday, February 22, 2022 03:53:41 PM UTC

Prime Minister Boris Johnson

Britain on Tuesday vowed to "hit Russia very hard" with targeted sanctions and promised tougher measures in the event of a full-scale invasion, after the Kremlin ordered troops into two Moscow-backed rebel regions of Ukraine.

After an early morning meeting with security chiefs, Prime Minister Boris Johnson promised to reveal a "first barrage of UK economic sanctions against Russia" in parliament later.

"They will hit Russia very hard and there is a lot more that we are going to do in the event of an invasion," he told reporters.

"Be in no doubt that if Russian companies are prevented from raising capital on the UK financial markets, if we unpeel the facade of Russian ownership of companies, of property, it will start to hurt."

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