Photograph: Shamil Zhumatov/AP© Provided by The Guardian Photograph: Shamil Zhumatov/APMore than 1,000 individuals and entities have now been targeted with sanctions since the invasion of Ukraine, with fresh measures announced against key Kremlin spokespeople and political allies of Putin, including the defence minister, Sergei Shoigu, considered a member of his elite inner circle of advisers known as his siloviki.

Other key political figures placed under sanction include the prime minister, Mikhail Mishustin, and former president Dmitry Medvedev, as well as Putin’s press secretary, Dmitry Peskov, and foreign affairs spokesperson, Maria Zakharova .

Oligarchs now subject to UK sanctions include Mikhail Fridman, who co-founded Russian conglomerate Alfa-Group with German Khan, also now subject to sanctions as well as close Putin ally Petr Aven, who was previously head of Russia’s largest commercial bank. The FCO said family members would also be subject to sanctions.

The slew of new sanctions on individual oligarchs and elites, as well as businesses, politicians and organisations came after the passage of the economic crime bill on Monday night, which is intended to make it swifter and easier to target oligarchs and Russian interests.

All of those named by the UK on Tuesday had already been sanctioned by the US, EU, Canada or Australia, which meant the UK could use new mirroring provisions of the act that received royal assent overnight.

The foreign secretary, Liz Truss, said: “We are going further and faster than ever in hitting those closest to Putin – from major oligarchs, to his prime minister, and the propagandists who peddle his lies and disinformation. We are holding them to account for their complicity in Russia’s crimes in Ukraine.”

Individuals who have been sanctioned will have their assets in the UK frozen and are banned from travelling to or from the UK.

The UK is also to ban the export of luxury products to Russia including fashion and valuable artworks, as well as raising tariffs on key Russian products including vodka and fur, as part of the latest sanctions measures.

Following a similar move in Washington, the UK is to deny Russia and Belarus access to most favoured nation tariff for hundreds of their exports – a key benefit of World Trade Organization membership.

The government said £900m-worth of goods would be subject to huge additional tariffs as a fresh barrier to trade with Russia, coming into force next week.

Among the initial list of Russian goods facing additional 35% tariffs are Russian fur, vodka and other spirits, white fish, as well as industrial products such as fertilisers, tyres and cement.

The export ban will include luxury vehicles, high-end fashion and works of art going from the UK to Russia. The Treasury said it would also no longer issue any new guarantees, loans or insurance for exports to Russia and Belarus.

It said that without government export credit support, any financial backing from the private sector to the region was “virtually impossible”.

The Department for International Trade said 54 licences for exports to Russia had already been voluntarily surrendered by UK businesses.

UK to impose sanctions on 370 more Russians (msn.com)