
The UK has imposed sanctions on billionaire sports and mining mogul Alisher Usmanov along with former Russian deputy prime minister Igor Shuvalov, as part of the international reaction to the invasion of Ukraine.
The announcement by foreign secretary Liz Truss came shortly after Usmanov’s £500m super yacht was seized by German authorities, amid claims that the UK was lagging behind its EU allies in targeting the wealthy plutocrats around Vladimir Putin.