- by foxnews
- 05 Nov 2024
Britain blocks luxury exports to Russia worth hundreds of millions
Britain blocks luxury exports to Russia worth hundreds of millions
- by theguardian
- 16 Mar 2022
- in news
1.9 k views
Russian oligarchs will no longer have access to baubles such as the cars, artworks and designer handbags sold by British companies, after the government blocked exports worth hundreds of millions of pounds.
Last year, UK firms in total sold £2.6bn worth of goods to Russia, the biggest slice of which was cars, at around £400m, as wealthy Russians splashed out on prestigious marques such as Aston Martin, Bentley and Rolls-Royce.
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