Boris Johnson has pledged to make it "impossible" for companies of strategic importance to the Russian state to raise finance in the City, if Vladimir Putin invades Ukraine.

In a speech to the Munich Security Conference, the Prime Minister warned world leaders that "we should not underestimate the gravity of this moment and what is at stake".

Stepping up Britain's pledges of severe financial sanctions in the event of an invasion of Ukraine, Mr Johnson said: "If Russia invades its neighbour, we will sanction Russian individuals and companies of strategic importance to the Russian state, and we will make it impossible for them to raise finance on the London capital markets."

Read more on this story: https://www.telegraph.co.uk/world-news/2022/02/19/russia-invade-ukraine-invasion-news-latest-putin-nato/

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