Rishi Sunak's wife has a £490 million stake in a company which is still operating in Moscow and has links to a major Russian bank.
The latest companies to pull out of Russia as Heineken, Universal and McDonald's join the list
09.03.2022 - 18:47 / manchestereveningnews.co.uk
As Putin's invasion of Ukraine continues on after more than two weeks, many companies and businesses around the world are backing out of Russia's economy.
One of the most recent is oil giant Shell, which has now stopped all operations in Russia shortly after Ukrainian ministers condemned them for buying oil from the country after the invasion began.
Beer giant Heineken, cigarette maker Imperial Brands and music group Universal have also recently joined the growing list.
Read more: Vladimir Putin is BARRED from pub as landlady warns her punters would 'wreck' him
Several more firms from a variety of industries have backed out of Russia, most notably those in retail, sport, electronics, motoring and aviation.
Here is a roundup of some of the most recent companies around the world to have ceased working with Russia.
Shell has announced its plans to withdraw from Russian oil and gas and close all its service stations in the country immediately.
The boss of the FTSE company also apologised for buying Russian crude oil last week, seven days after Putin began his attack on Ukraine.
In a statement, the company said: "This is a complex challenge,
“Changing this part of the energy system will require concerted action by governments, energy suppliers and customers, and a transition to other energy supplies will take much longer.”
Chief executive, Ben van Beurden, said: “We are acutely aware that our decision last week to purchase a cargo of Russian crude oil to be refined into products like petrol and diesel – despite being made with the security of supplies at the forefront of our thinking – was not the right one and we are sorry.
“As we have already said, we will commit profits from the limited, remaining amounts of Russian oil
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