Further sanctions on Russians would harm London says Lebedev

Further sanctions on Russian oligarchs would harm London's economy media owner Evgeny Lebedev told Andrew Marr.

Mr Lebedev, who was born in Russia, said the situation in Crimea was complicated and often misunderstood in the West but added he did not expect there to be any further incursion into Eastern Ukraine and said it was time for diplomacy.

Mr Lebedev was speaking ahead of the launch of his London television channel London Live on 31 March at 6.30pm which he said would cover "all the great things about London" including culture, politics and business.

You can watch the Andrew Marr Show in full on the BBC iPlayer.