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UK threatens Russia with ‘tough’ sanctions over Ukraine

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The United Kingdom on Tuesday threatened to hit Russia with severe sanctions after the Krelim recognized two breakaway rebel regions of Donetsk and Lugansk.

The British Prime Minister, Boris Johnson, who addressed journalists after a meeting with security chiefs in London, promised to reveal a “first barrage of UK economic sanctions against Russia” in parliament later.

READ ALSO: British PM, Boris Johnson reshuffles cabinet

He said: “They (sanctions) will hit Russia very hard and there is a lot more that we are going to do in the event of an invasion.

“Be in no doubt that if Russian companies are prevented from raising capital on the UK financial markets, if we unpeel the facade of Russian ownership of companies, of property, it will start to hurt.

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