Boris Johnson has announced sanctions against five Russian banks and three individuals after Russia ordered troops into two breakaway regions of eastern Ukraine run by Moscow-backed separatists last night.

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The prime minister has also sanctioned three 'high net worth' individuals: Gennady Timchenko, Boris Rotenberg and Igor Rotenberg. 'This the first tranche, the first barrage of what we are prepared to do and we hold further sanctions at readiness to be deployed,' said Johnson

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