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U.K. Steps Up Russia Sanctions, Targeting Fridman, Aven

  • Medvedev, Mishustin, Shoigu among more than 370 names listed
  • Also bans luxury goods exports to Russia over war in Ukraine
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The U.K. stepped up measures against Vladimir Putin’s administration, banning the export of luxury goods to Russia and imposing sanctions on individuals including Alfa Bank founder Mikhail Fridman, LetterOne co-founder Petr Aven and former President Dmitry Medvedev.

A day after fast-tracked legislation came into force strengthening the government’s sanctions powers, the Foreign Office announced measures against more than 370 individuals and entities, including 51 of Russia’s wealthiest people and their family members. That brings to more than 1,000 the number Britain has punished since Russia’s invasion of Ukraine last month.