The UK government has said that ‘new figures’ show that its sanctions on Russia have led to £18bn being frozen and reported to the Office of Financial Sanctions Implementation (‘OFSI’). This, it said, ‘is around £6 billion more than held across all other UK sanctions regimes.’ Economic Secretary to the Treasury, Andrew Griffith said, ‘As … Continue reading Russia ‘scavenging vital chips from fridges’ as UK sanctions ‘top £18bn’