PM warns Russia against 'catastrophic invasion' as Government says it will target 'Putin's oligarchs'

Boris Johnson has warned Russia against a "catastrophic invasion" of Ukraine – as the government said widened sanctions would see it pursue "Putin’s oligarchs".

The prime minister said on Sunday that the "picture is increasingly concerning" as he urged Russia to engage in talks and "avoid a reckless and catastrophic invasion".

It comes after Johnson offered to double the number of troops to strengthen Europe’s borders, as well as send defensive weapons.

And foreign secretary Liz Truss doubled down by saying Downing Street will broaden its scope to target Russian oligarchs in the UK.

LONDON, ENGLAND - JANUARY 30: Foreign Secretary Liz Truss arrives at BBC Broadcasting House ahead of her appearance on Sunday Morning on January 30, 2022 in London, England. Sophie Raworth, the veteran BBC journalist, is serving as the interim host of the Sunday morning political programme after the departure of Andrew Marr last month. (Photo by Hollie Adams/Getty Images)
Foreign secretary Liz Truss pictured on Sunday. (Getty Images) (Hollie Adams via Getty Images)

She told Sky News that new legislation, which is expected to be announced in the House of Commons on Monday, will widen current sanctions so "there will be nowhere to hide for Putin’s oligarchs".

Truss said the "number one thing that will stop Vladimir Putin taking action is if he understands the [financial] costs of that action".

"Currently, the economic sanctions are fairly narrowly drawn, so we could only target companies with a direct involvement in destabilising Ukraine.

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"What we are looking to do is widen that so any company of interest to the Kremlin and the regime in Russia would be able to be targeted, so there will be nowhere to hide for Putin's oligarchs, for Russian companies involved in propping up the Russian state."

Truss added "nothing is off the table" amid suggestions the sanctions could include the seizure of oligarchs' property in London.

Nato secretary-general Jens Stoltenberg told the BBC that potential sanctions on Russia would have an effect on the country as it would have to pay a "higher price".

However, he added he was concerned about retaliations from Russia if there were sanctions, such as cutting off gas supplies to Europe.

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