The Coca-Cola Company has announced it will suspend all business in Russia due to the conflict with Ukraine. 

In a statement released on Tuesday, March 8, the company said: "The Coca-Cola Company announced today that it is suspending its business in Russia.

"Our hearts are with the people who are enduring unconscionable effects from these tragic events in Ukraine.

"We will continue to monitor and assess the situation as circumstances evolve."

Businesswoman and Dragons Den star Deborah Meaden spoke out against the firm after it continued to sell in Russia. 

"Can you stop drinking Coca Cola please. They are refusing to withdraw from Russia. Let’s show them some people power," she wrote on Twitter. 

The news comes after McDonald's announced it would temporarily close 850 restaurants in Russia due to the ongoing war. 

The two companies were facing pressure to pull out of Russia as they continued to operate in the country. 

Other Western firms such as KFC, Pepsi, Starbucks and Burger King are also facing calls to close their outlets and stop sales in Russia.