UK must deal with Russian money in the City, Johnson says By Reuters

HomeForex News

UK must deal with Russian money in the City, Johnson says By Reuters

© Reuters. FILE PHOTO: The City of London financial district is seen as people walk over Millennium Bridge in London, Britain, February 16, 2022. R


© Reuters. FILE PHOTO: The City of London financial district is seen as people walk over Millennium Bridge in London, Britain, February 16, 2022. REUTERS/Henry Nicholls

LONDON (Reuters) – Britain has an issue with Russian money funnelling through the City of London and it must be dealt with, Prime Minister Boris Johnson said on Sunday.

Johnson has threatened to impose harsh sanctions on Russia if it invades Ukraine, with Russian companies blocked from raising capital on financial markets, and the ownership of companies and properties revealed.

“We have an issue with Russian money in the city,” Johnson told the BBC. “We’ve got to deal with that.”

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

www.investing.com