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Reuters
Reuters
Business
Kylie MacLellan, William James and Elizabeth Piper

PM Johnson unveils UK's largest-ever sanctions against Russia

British Prime Minister Boris Johnson records an address at Downing Street after he chaired an emergency Cobra meeting to discuss the UK response to the Russian invasion of Ukraine, in London, Britain February 24, 2022. Jeff J Mitchell/Pool via REUTERS

Prime Minister Boris Johnson unveiled Britain's largest-ever package of sanctions against Russia on Thursday, targeting banks, members of President Vladimir Putin's closest circle and wealthy Russians who enjoy high-rolling London lifestyles.

Western nations are coordinating action to impose tough sanctions against Russia in response to its all-out invasion on neighbouring Ukraine by staging missile strikes on cities and pouring its troops into the country.

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