Antony Higginbotham
Main Page: Antony Higginbotham (Conservative - Burnley)Department Debates - View all Antony Higginbotham's debates with the Cabinet Office
(2 years, 6 months ago)
Commons ChamberYes, we are doing that, although I think it is worth the House remembering the point that I made the other day: not every Russian is a bad person.
I welcome the package of sanctions that the Prime Minister has set out. Although I understand why it has not been possible to suspend Russia from the SWIFT payment system at this stage, I ask him: what work are we doing with our European allies to offer them reassurance, so that we can eventually get to a position where Russia can be suspended, because that is by far and away the biggest thing that will isolate the Russian economy?
My hon. Friend is spot on—actually, the biggest thing would be if everybody stopped taking Russian hydrocarbons, but SWIFT is extremely important. It is a Belgian company, as I am sure the House knows. We are raising the issue and trying to make progress with our friends but, for obvious reasons, it has to be done in unison.