The Home Office said the fresh measures will complement an existing wave of sanctions against Russian elites supporting Putin’s war effort, vowing to keep them in place “as long as Russia threatens Ukraine’s sovereignty”.
And the Home Office said banning them will bolster Britain’s national security and pile pressure on Putin as he continues to wage his war on Ukraine.
“Tomorrow, I plan to announce the largest package of sanctions against Russia since the early days of the war – eroding their military machine and reducing revenues fuelling the fires of destruction in Ukraine,” he said.
Officials said wealthy Russian elites “denounce our values in public while enjoying the benefits of the UK in private”, adding that they act as tools for Putin and enable Russia’s aggression.
The crackdown forms part of a “triple whammy” of measures aimed at tightening the screws on Putin on the third anniversary of the war in Ukraine, coming alongside fresh sanctions and an expected increase in military aid.
