Chelsea owner Roman Abramovich has had his assets frozen, a prohibition on transactions with UK individuals and businesses, a travel ban, and transport sanctions imposed.
Prime Minister Boris Johnson said: “There can be no safe havens for those who have supported Putin’s vicious assault on Ukraine.
“Today’s sanctions are the latest step in the UK’s unwavering support for the Ukrainian people. We will be ruthless in pursuing those who enable the killing of civilians, destruction of hospitals and illegal occupation of sovereign allies.