Sanctions on Russia continue

This week the value of Russian assets sanctioned or frozen as part of UK sanctions on Russia's illegal war in Ukraine reached £18.3 billion – as we continue to crack down on individuals propping up Putin’s military effort. 

  • Putin continues to rely on his cabal of elites to maintain control of his industrial complex and fuel his illegal war in Ukraine.
  • That is why, alongside our allies, Britain has imposed the most severe set of sanctions Russia has ever faced – sanctioning more than 1,200 individuals, over 120 entities and freezing the assets of 19 banks with global assets of £940 billion to cripple Putin’s war machine. 
  • Britain continues to take a leading role in supporting the people of Ukraine, targeting all those who aid and abet Putin’s illegal war to ensure Ukraine ultimately prevails. 


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