Ministers have imposed sanctions on Said Gutseriev, who donated £2.6m to university in 2019

The University of Oxford has come under renewed pressure to reject a £2.6m donation from a Russian-British businessman after he was designated for sanctions by the UK government.

Ministers imposed sanctions on Said Gutseriev on Wednesday for “obtaining a benefit from or supporting the government of Russia” in his role as a director of SFI, a Russian conglomerate that the UK government said was involved in the “Russian financial services sector, a sector of strategic significance”.

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