Ukraine

Angela Eagle Excerpts

Tuesday 22nd February 2022 Commons Chamber

[The Prime Minister]

My hon. Friend is completely right. The threat is not just to Europe. The threat from an aggressive and expansionist Russian agenda is everywhere, including in Africa from the Wagner group. It is up to the UK now to push back and that is what we are going to do.

[Dame Angela Eagle (Wallasey) (Lab)]

Will the Prime Minister tell the House now whether the sanctions he has announced will actually put into effect the Intelligence and Security Committee’s Russia report, and whether he has full confidence that they will close down the so-called London laundromat, which is laundering dirty Russian money straight through the City?

[The Prime Minister]

The hon. Lady will have understood from what I said earlier that what we are proposing to do will go further than that report. We are cracking down today on Russian banks and individuals. We are proposing to stop Russian companies even raising money in London and to stop them trading in sterling. That was not recommended by the report she mentions, but that will do real economic damage where it is necessary to do it.