UK freezes £18bn of Russian assets – not including property

The UK has frozen more than £18bn in assets as part of its sanctions against Russia. Since Russia’s invasion of Ukraine in February, the UK government has frozen the assets of 120 Russian entities and more than 1,200 individuals linked to the Kremlin. They include former Chelsea Football Club owner Roman Abramovich, Alexei Miller, chief executive of energy company Gazprom, and the “Nickel King” Vladimir Potanin. The value of assets frozen does not include properties; if the many UK houses of Russian oligarchs were included, the figure would be much larger. There are 106 properties subject to sanctions restrictions, 92 of which have been added since Russia launched its invasion on 24 February, the Land Registry said. The FT (£) The Guardian