Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Kevin Bonavia Excerpts
Tuesday 27th January 2026

(1 day, 10 hours ago)

Commons Chamber
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Lucy Rigby Portrait The Economic Secretary to the Treasury (Lucy Rigby)
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The hon. Member has referred to the motor finance redress situation. As the House would expect, we are monitoring that very closely, and we want to see the issues resolved in an efficient way that provides certainty for consumers and for firms. As the hon. Member knows, seeking to change the rules on corporation tax would mean deviating from our commitment to certainty and predictability in the tax system, as set out in our corporate tax road map.

Kevin Bonavia Portrait Kevin Bonavia (Stevenage) (Lab)
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I wish you a speedy recovery, Mr Speaker.

I welcome the economic steps that the Chancellor has taken against Russia’s illegal invasion of Ukraine, and I encourage her to go further, but does she agree that the British public can have confidence in our sanctions regime only if those in political leadership across all parties, including the shadow Attorney General, do not have ongoing involvement in advising Russian oligarchs?

Rachel Reeves Portrait Rachel Reeves
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Like many, I was staggered by reports that senior counsel appointed by Mr Abramovich in relation to proceedings in Jersey include the shadow Attorney General. I cannot speak for the Opposition—I had many years of doing that—but our focus remains ensuring that there is no further delay in proceeds from the sale of Chelsea football club reaching humanitarian causes in Ukraine. If Mr Abramovich fails to act quickly, this Government are fully prepared to pursue legal action to release the funds. We know whose side we are on: we are on the side of the Ukrainian people, and of Britain’s national interests.