Britain will stop Russia selling sovereign debt in London as part of a “very serious package” of sanctions that will “inflict pain” on Vladimir Putin, Liz Truss has said.
As the Conservative party came under increasing pressure to sever links with wealthy Russian donors, the foreign secretary announced that a ban on the sale of sovereign debt, issued as bonds by governments in foreign currencies to finance growth and development, was part of a package of measures announced after Putin deployed military forces into two territories in eastern Ukraine on Tuesday.
