Georgia PM’s Starmer outburst over Morning Wire sanctions scoop Life&Style The Prime Minister of Georgia has launched a bizarre attack on the UK government after Morning Wire revealed that consumer giant P&G had axed its advertising with the country’s biggest media group – and Nestle may soon follow suit. Prime Minister Irakli Kobakhidze described the decisions, which came in the wake of sanctions applied by [...]
Deutsche Bank hit with six-figure fine in UK for breaching Russia sanctions Banking Deutsche Bank has been slapped with a six-figure fine by the Treasury’s financial sanctions body for processing payments that breached sanctions on Russia. The German multinational investment bank has been handed a £160,000 fine after it was found to have authorised two payments linked to a sanctioned Russian firm between the periods of June and [...]
Sanctioned Russian oligarch’s charity launches legal action against Barclays Legal The Potanin Foundation, a UK charity of its Russian sister organisation, the Vladimir Potanin Foundation, has launched legal action against Barclays Bank in London via advisory firm Forvis Mazars. Founded in 2006 by the former Deputy Prime Minister of Russia, Vladimir Potanin, the organisation has focused on education, culture, and philanthropy. The charity was intervened [...]
Lloyds subsidiary fined £160,000 for Putin ally sanctions breach January 26, 2026 A subsidiary of Lloyds Banking Group has been fined for sanctions breaches after it opened a bank account for an ally of Russian President Vladimir Putin. Bank of Scotland, a subsidiary of Lloyds since 2009, was fined £160,000 by the Office of Financial Sanctions Implementation (OFSI) on Monday for breaching Russian sanctions. Although not named [...]