In an effort to try and stop the so-called “all out Russian invasion of Ukraine”, the UK has stepped up its sanctions on Russia.
The main intention is to exclude Russian banks from the UK banking system. They plan on also limiting the money that Russian nationals are allowed to hold in the UK at any one time.
They also plan on freezing the assets of 100 new individuals or entities associated with Russia. Alongside that, Russian airline Aeroflot will also be stopped from flying into the UK.
Meanwhile, President Putin said that Russia will continue to work financially with the rest of the world.
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