Ms Truss said the UK Government was “prepared to go much further if Russia does not pull back from the brink.
“We will curtail the ability of the Russian state and Russian companies to raise funds in our markets, prohibit a range of high tech exports, and further isolate Russian banks from the global economy.
“These will be surgically targeted sanctions that will hit Russia hard.”
This evening, US President Joe Biden announced his own set of sanctions, after the foreign minister of Ukraine and the US defence secretary met at the Pentagon earlier today.
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