British Prime Minister Boris Johnson
LONDON (Reuters) – British Prime Minister Boris Johnson said on Tuesday Britain could prevent Russian companies from raising capital in London and acquiring ownership of companies in London and elsewhere if Russia invades Ukraine.
Britain, the United States, the European Union and other allies have warned of tough sanctions if Russia invades.
Russia says it has no plans to invade and that some military units are returning to their bases.
The UK last week enacted new legislation that would allow it to impose broader sanctions than ever before on Russian companies and individuals determined to destabilize Ukraine or support the Russian government.
“What we are doing is we are committed to targeting specific Russian banks, Russian companies and exposing the facade of Russian assets in this city or elsewhere, or making sure to take further action,” Johnson told reporters.
“Furthermore, Russian companies are taking steps to prevent the accumulation of capital in London’s financial markets, so this is a very difficult package.
Johnson said that while there were some signs of a diplomatic start with Russia over Ukraine, recent reports of what was happening were not yet encouraging.
(Report by Kylie McClellan)
Know more
+ Omigron: Unexpected sign of infection in children worries medical groups
+ Mercadão de SP Vendors threaten customers with fruit fraud
+ Video: A mother was attacked on social media for wearing tight clothes to take her son to school
+ Horoscope: Check today’s forecast for your zodiac sign
+ What do you know about fluorone?
+ Lemon squeezing trick becomes a craze on social media
+ ‘Monster Ichthyosaur’ discovered in Colombia
+ One twin was a vegetarian, the other ate meat. Check the result
+ See what are the most stolen cars in SP in 2021
+ Exhibition identifies giant squid that caused the shipwreck in 2011
+ US agency warns: Never wash raw chicken meat
Henry Blackwell is a contributor at Mediarunsearch.co.uk, covering a wide range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. He focuses on delivering clear, balanced reporting and useful information that helps readers stay informed about current events and emerging developments. His work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism.