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The United Kingdom has suspended all tax information exchanges with Russia and Belarus

Britain has hit more than 1,000 Russians with a ban on freezing and traveling goods.

London:

Britain on Thursday said it was suspending agreements to share tax information with Russia, the latest in a series of sanctions aimed at tightening Moscow over Ukraine’s invasion of Ukraine.

“The United Kingdom has suspended all tax information exchanges with Russia and Belarus in accordance with the United Kingdom’s information exchange agreements,” the government said.

The move will “ensure that the United Kingdom does not provide information to Putin’s regime that could lead to an increase in tax benefits or benefits for Russia.”

“Along with other economic measures we have already taken, this step will help Putin get rid of the resources he needs to carry out his savage campaign of violence,” said Finance Secretary Lucy Frazer.

Britain has hit more than 1,000 Russians with a ban on freezing and traveling goods and has raised tariffs on imports of goods such as vodka and steel in retaliation for the February 24 invasion of Moscow.

He said he would cut Russian oil imports by the end of this year.

(Except for the title, this story has not been edited by NDTV staff and has been published from a union feed.)

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