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UK-linked businesses under investigation for potentially breaking Russian oil sanctions

Author
Newstalk ZB,
Publish Date
Fri, 11 Oct 2024, 7:12pm
(Photo / AP)
(Photo / AP)

UK-linked businesses under investigation for potentially breaking Russian oil sanctions

Author
Newstalk ZB,
Publish Date
Fri, 11 Oct 2024, 7:12pm

The British government is investigating 37 UK-linked businesses for potentially breaking Russian oil sanctions.

The sanctions were introduced when Russia invaded Ukraine in 2022, but critics have claimed they’re ineffective with latest figures showing Russia’s economy is growing.

It’s thought a lot of the affected businesses under investigation are maritime insurance firms, which are potentially enabling Russia to exploit a loophole in the sanctions if proven to be true.

Elsewhere, the Portuguese government is looking to slash taxes for people aged under 35 to encourage people to stay and emigrate to the country, and Princess Catherine has made her first official public engagement since finishing chemotherapy in Southport.

UK correspondent Gavin Grey joined Francesca Rudkin.

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