Less Ads, More Data, More Tools Register for FREE

UK firms working with Russia should "think carefully", says PM's spokesman

Mon, 28th Feb 2022 13:29

LONDON, Feb 28 (Reuters) - British banks or companies working with any aspect of Russian President Vladimir Putin's administration should think carefully about whether their actions are propping up his "regime", a spokesman for Prime Minister Boris Johnson said on Monday.

Energy company BP and global bank HSBC were among a number of Western companies looking to exit Russia after Putin invaded Ukraine.

"I think the prime minister's view is that Putin's regime and Putin must be treated like a pariah state and that businesses should think very carefully if they are still continuing to do anything that props up the Putin regime," the spokesman told reporters.

"We are not seeking anything in terms of regime change, what we are talking about here clearly is how we stop Russia seeking to subjugate a democratic country." (Reporting by William James, writing by Elizabeth Piper; Editing by Kate Holton)

Related Shares

More News
15 Jun 2024 00:04

Crew evacuated from Greek-owned vessel hit by Houthis

MANILA/LONDON, June 14 (Reuters) - The crew of a Greek-owned vessel damaged in an attack by Yemeni Houthi militants has been evacuated, and the aban...

13 Jun 2024 16:22

Ukraine agrees on first LNG supply deal with US company Venture Global

June 13 (Reuters) - Ukraine signed on Thursday its first liquefied natural gas (LNG) deal with a U.S. company to help to avert an energy supply crun...

11 Jun 2024 16:00

Woodside's Sangomar project produces first oil in Senegal

DAKAR, June 11 (Reuters) - Senegal's Sangomar oil and gas field has produced its first oil, operator Woodside Energy said on Tuesday, adding that th...

11 Jun 2024 13:31

OPEC keeps global oil demand forecasts unchanged

(Sharecast News) - The Organisation of the Petroleum Exporting Countries kept its short-term global oil demand forecasts unchanged.

10 Jun 2024 23:46

Sector movers: Oil majors catch a bid after nearly a month of share price declines

(Sharecast News) - Oil & Gas shares caught a bid on Monday, tracking a rebound in oil prices after about two month's of losses, despite strength in th...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.