Manufacturers urged to 'raise red flag' in Russia sanctions-busting probe

UK manufacturing exporters who see leaps in sales to countries friendly with Russia should "raise a red flag", a sanctions expert has told MPs. Tom Keatinge, director of the Centre for Finance and Security at the Royal United Services Institute, said in evidence to an inquiry on the effectiveness of sanctions against Russia that UK companies seeing such spikes should not be going "to the pub" to celebrate. He was speaking generally amid work by Sky News that identified a surge in sales of UK-made cars to Russia's neighbours, most notably Azerbaijan, with luxury vehicles seen in Moscow showrooms this year... Mr Keatinge told the Treasury select committee's inquiry that manufacturing exporters should be more proactive in policing their sales, rather than the onus being placed on banks to flag concerns about their corporate clients' activities.