- We are very much expecting a full-scale Russian invasion of Ukraine
- But we don't have full evidence yet that Putin has sent in troops
- Nothing is off the table in terms of who we target with sanctions
After the announcement yesterday, I think it would be best if they stop talking up such a big game. No doubt that they could still impose harsher measures but we'll see. Among those on the table are perhaps a longer list of Russian high-net worth individuals, export controls on Russian businesses, and stopping Russia's government from issuing debt or raising fund in UK markets.
