Liz Truss is facing mounting questions over why the Foreign Office will take “weeks and months” to sanction Russian oligarchs, with the UK lagging behind the US and EU after targeting just eight individuals with links to Vladmir Putin.
The Foreign, Commonwealth & Development Office (FCDO) has for days been promising to target a “hit list” of oligarchs but refuses to say when the names will be ready, despite warnings from MPs that billionaires will already be taking their assets out of the country.