London, Feb 24 (PTI) Prime Minister Boris Johnson on Thursday announced an imminent ban on the ability of the Aeroflot airline to operate in the UK as he outlined a new tranche of sanctions against Russia following President Vladimir Putin's invasion of Ukraine.

The “largest and most severe package” of economic sanctions against Russia tabled in the House of Commons includes a full asset-freeze of Russian state-owned bank VTB and powers to allow the UK to exclude Russian banks from Britain's financial system.

Also Read | 'Russia Was Left With No Other Choice', Says President Vladimir Putin on Military Operations in Ukraine.

The UK government is set to place a limit on the amount that Russian nationals can deposit in their UK bank accounts and Russian state and private companies will be banned from raising money in the UK.

“These trade sanctions will constrain Russia's military, industrial and technological capabilities for years to come,” said Johnson.

Also Read | Ukraine Calls on the European Union To Urgently Provide Air-Defence, Anti-Missile Systems.

Legislation to enforce some of these wide-ranging sanctions will be laid in Parliament by early next week.

"Putin will stand condemned in the eyes of the world, and of history. He will never be able to cleanse the blood of Ukraine from his hands," Johnson said in Parliament.

"Now we see him for what he is, a blood-stained aggressor who believes in imperial conquest," he said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)