Russian Embargo Hurts British Firms

Many firms in the UK have been hit by a Russian ban on food imports from a number of Western countries.

The ban which was imposed last week, bars imports from countries which have imposed sanctions on Russia over the conflict in Ukraine.

For many businesses, the ban has negative consequences. The owner of fishing and fish processing firm Lunar, Sinclair Banks:  “It will have a big impact on business”. No surprise, seeing that a large portion of his business is selling fish to Russia.

But Mr. Bank’s company is not the only one suffering from the new ban. Many companies in the UK are now seeing big losses due to not being able to export goods to Russia.

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