Prime Minister Boris Johnson also said that there are Russian military on the territory of the DPR and LPR.

The UK has imposed sanctions against five Russian banks and three individuals. This was stated by the Prime Minister of the United Kingdom Boris Johnson, speaking in parliament on Tuesday.

“We are imposing sanctions against three very high-ranking officials – Gennady Timchenko, Boris and Igor Rotenberg. Any assets they have in the UK will be frozen, they will be banned from entering here, and we will ban all British companies and individuals from doing business with them,” Johnson said.

Johnson said that the following banks will fall under the British restrictions: Rossiya, Promsvyazbank, Joint Stock Company Commercial Bank Industrial Savings Bank, Genbank and the Black Sea Development Bank.

“This is the first portion [of sanctions], the first barrier that we are introducing. And we are ready for additional sanctions that can be applied together with the U.S. and the EU if the situation worsens further,” Johnson assured. Speaking after the prime Minister, the leader of the opposition Labor Party, Keir Starmer, fully supported the imposition of sanctions. “Russia should be excluded from financial mechanisms such as SWIFT, and we should prohibit trading in Russian sovereign debt,” he said.

Johnson believes that there are Russian military on the territory of the DPR and LPR and this is an “invasion.” “The Kremlin said that Russian troops would enter the territory of the unrecognized republics under the guise of “peacekeepers,” and Russian tanks and armored personnel carriers have been seen since then. The House of Commons should not doubt that the deployment of these forces on the territory of sovereign Ukraine is tantamount to a renewed invasion of this country,” Johnson argued, speaking in parliament.

Johnson noted that the kingdom’s government will continue to seek a way out of the current crisis between Russia and the West through diplomacy. “We will not give up, we will continue to look for a diplomatic solution until the last second. However, we must understand that none of our messages were heard, and [Russian President Vladimir] Putin is inexorably determined to go further to subjugate and tear apart Ukraine,” the British prime minister said.