Alison Thewliss
Main Page: Alison Thewliss (Scottish National Party - Glasgow Central)Department Debates - View all Alison Thewliss's debates with the Cabinet Office
(2 years, 3 months ago)
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The Prime Minister
My right hon. Friend is completely right that we have the potential—the potential—to do very serious economic damage to Russia. What we have to make sure of, as everybody said on the call last night, is that we do not inflict damage on the western economies just as people are suffering in particular from high gas prices. That is what we have got to do. Do not forget, it is quite right to say that 41% of Russia’s GDP comes from oil and gas.
Alison Thewliss (Glasgow Central) (SNP)
The truth about unexplained wealth orders is that only a handful of them have been issued, and that the Registration of Overseas Entities Bill has now been waiting for four years for action. So when the Finance (No. 2) Bill returns to this House, will the Government bring forward measures to tighten up on the flow of dirty Russian money in the UK—or is the truth really that he is perfectly content with that because so much of it appears to end up in Tory party coffers?
The Prime Minister
No, we do not accept foreign donations, as the hon. Lady knows very well. What we will do is bring forward targeted sanctions, which I think are the most effective way of doing it, targeting the sanctions at the personalities that surround President Putin and making them understand the price that they will pay.