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John Baron
Main Page: John Baron (Conservative - Basildon and Billericay)Department Debates - View all John Baron's debates with the Foreign, Commonwealth & Development Office
(10 years, 3 months ago)
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Mr John Baron (Basildon and Billericay) (Con)
Given the appalling events in eastern Ukraine and the fact that our EU neighbours seem reluctant to adopt a robust line against the bully in the playground, has the time not come for the UK to lead by example and to close our financial services to Russia?
Mr Lidington
I think that it will be important to make sure that whatever sanctions are imposed on Russian interests are effective and do not just lead to Russian money migrating somewhere else, and to make sure that they have a sound legal basis. That is what we are working to achieve. The Prime Minister has made it clear that we regard financial services as very much on the table in such discussions.