Britain has announced a series of sanctions against dozens of people and companies, including Russian President Vladimir Putin’s “favourite PR agency”, in response to Moscow's “sham” referendums in four occupied regions of Ukraine.
More than 90 entities, including officials and collaborators in charge of hastily organising the votes, have been named in the Conservative government’s latest round of punitive measures against those linked to Mr Putin.
Foreign Secretary James Cleverly condemned the votes “held at the barrel of a gun” in the oblasts of Luhansk, Donetsk, Zaporizhzhia and Kherson, and insisted the UK would not recognise the results.
“They follow a clear pattern of violence, intimidation, torture and forced deportations in the areas of Ukraine Russia has seized,” Mr Cleverly said.
“Today’s sanctions will target those behind these sham votes, as well as the individuals that continue to prop up the Russian regime’s war of aggression. We stand with the Ukrainian people and our support will continue as long as it takes to restore their sovereignty.”
Moscow last week launched the annexation referendums asking people in the regions if they want to be part of Russia.
The Donbas regions of Luhansk and Donetsk were recognised by Russia as independent republics earlier this year, shortly before the full-scale invasion of Ukraine was launched in February.
The UK government accused Russia of staging the votes “in a desperate attempt to grab land and justify their illegal war” following a string of battlefield successes for Kyiv, in which Ukrainian forces retook vast parts of the north-east.
Britain said the process reflects Russia’s conduct in 2014 when it annexed Crimea using “disinformation, intimidation and fake results”.
Thirty-three people who helped arrange the referendums have been sanctioned, including Vice Admiral Sergei Yeliseyev, who was recently installed by Moscow to lead the Kherson regional authority. He defected from the Ukrainian navy in 2014, the same year Russia annexed the Crimean peninsula, and has since “continued to undermine the independence of Ukraine”.
Ivan Kusov, the education and science minister in Luhansk, has also been sanctioned over his work to integrate the local school system into the Russian curriculum. Evgeniy Solntsev, deputy chairman of the so-called Donetsk People’s Republic, and Yevhen Balytskyi, the Russian-installed leader of the Zaporizhzhia authority, were also included on the list.
IMA Consulting, which Britain branded Mr Putin's “favourite PR agency”, was also hit by sanctions after it was said to have been hired to manage the public campaigns for the referendums.
Goznak, a security documents company known for its monopoly on the production of “tens of millions” of state documents including expedited passports in the territories, has also been sanctioned.
Four oligarchs with a combined global net worth estimated at £6.3 billion have also been slapped with punitive measures. They include Azerbaijan-born philanthropist God Nisanov and his long-time business partner Zarakh Iliev, known as the “kings of Russian real estate”, who have a reported joint global net worth of £2bn.
Igor Makarov, president and owner of Areti International Group, a major investor in the oil and gas sector, has also been named in the sanctions.
Others included in the package are 55 board members of state-linked organisations such as Gazprombank that continue to bankroll the Russian war machine.
The latest round bring the total number of people sanctioned by the UK to more than 1,200, including about 120 oligarchs with an estimated combined global net worth of more than £130bn.
The sanctions were announced on Monday after British military intelligence said that new Russian recruits in Ukraine are likely to face a “high attrition rate” due to inadequate training.
Mr Putin last week announced a plan to mobilise 300,000 fighters for the war in Ukraine in the country’s first compulsory military draft since the Second World War.
The country moved quickly to draft reserves, issuing “many tens of thousands” of call-up papers in the days following, the UK’s Ministry of Defence said in an update on Twitter.
“The initial tranches of men called up under Russia’s partial mobilisation have started arriving at military bases,” the ministry said.
“Russia will now face an administrative and logistical challenge to provide training for the troops.”
Ukraine war latest — in pictures
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The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
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What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
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'Shakuntala Devi'
Starring: Vidya Balan, Sanya Malhotra
Director: Anu Menon
Rating: Three out of five stars
The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
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UAE rugby season
FIXTURES
West Asia Premiership
Dubai Hurricanes v Dubai Knights Eagles
Dubai Tigers v Bahrain
Jebel Ali Dragons v Abu Dhabi Harlequins
UAE Division 1
Dubai Sharks v Dubai Hurricanes II
Al Ain Amblers v Dubai Knights Eagles II
Dubai Tigers II v Abu Dhabi Saracens
Jebel Ali Dragons II v Abu Dhabi Harlequins II
Sharjah Wanderers v Dubai Exiles II
LAST SEASON
West Asia Premiership
Winners – Bahrain
Runners-up – Dubai Exiles
UAE Premiership
Winners – Abu Dhabi Harlequins
Runners-up – Jebel Ali Dragons
Dubai Rugby Sevens
Winners – Dubai Hurricanes
Runners-up – Abu Dhabi Harlequins
UAE Conference
Winners – Dubai Tigers
Runners-up – Al Ain Amblers
Director: Jon Favreau
Starring: Donald Glover, Seth Rogen, John Oliver
Rating: 2 out of 5 stars