Chancellor underlines need to economically isolate Vladimir Putin regime after invasion of Ukraine

Rishi Sunak has called on UK firms to stop investing in Russia, as he welcomed the decisions made by some companies, such as the energy firms BP and Shell, along with the investment firms Aviva, M&G and Vanguard, to divest away from Russian assets.

Those companies, among others, have announced their intention to reduce or sell investments in Russia in recent days after its invasion of Ukraine, and the chancellor urged more UK businesses to consider joining them.

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