On the fourth anniversary of Russia’s invasion of Ukraine, the UK announced a major sanctions package targeting nearly 300 entities to undermine Moscow’s military financing. Notably, PJSC Transneft, which oversees 80% of Russia’s oil exports, is included. Foreign Secretary Yvette Cooper emphasized the UK’s commitment to disrupting the Russian war effort.
Britain has introduced new sanctions against Russian oil companies and Canadian-Pakistani billionaire Murtaza Lakhani, intensifying pressure on Moscow amid the Ukraine conflict. The measures target 24 individuals and entities, including major firms like Tatneft and Russneft, aiming to disrupt Russia’s global oil trade following earlier sanctions on Lukoil and Rosneft.
The RMT maritime union plans to initiate industrial action on Orkney Ferries due to unresolved disputes over pay and working conditions. Starting August 28, members will refuse overtime until meaningful negotiations occur. General Secretary Eddie Dempsey highlighted the need for fair compensation, warning that disruptions are likely without management engagement.
RMT seafarers at Foreland Shipping have rejected the company’s pay offer, citing dissatisfaction with only 85% of union members. The General Secretary emphasized the need for fair compensation for the skilled workforce supporting the UK Ministry of Defence. Negotiations are ongoing, but the possibility of strike action remains if a resolution is not reached.
