Britain said on Monday it would impose sanctions on companies and people with the closest links to the Kremlin if Russia takes action against Ukraine, drawing a warning from Moscow that it would respond if its businesses were 'attacked'.
A view shows Russian BMP-3 infantry fighting vehicles during drills held by the armed forces of the Southern Military District at the Kadamovsky range in the Rostov region, Russia January 27, 2022. REUTERS/Sergey PivovarovBritain warns Russia of possible sanctions over UkraineKremlin says sanctions will backfire and hurt UK companies
Since the fall of the Soviet Union in 1991, London has become the pre-eminent global centre for a vast outflow of money from former Soviet republics. on Russian money, though oligarchs and Russian officials continue to flaunt their wealth at Europe's most luxurious destinations."We are very clear that if Russia takes further action against the Ukraine, then we will further tighten the sanctions regime targeting those businesses and people with the closest links to the Kremlin," Simon Clarke, Chief Secretary to the Treasury, told Sky News.
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