Russia: UK Companies Debate

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Department: HM Treasury

Russia: UK Companies

Lord Griffiths of Burry Port Excerpts
Thursday 8th December 2022

(1 year, 5 months ago)

Lords Chamber
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Baroness Penn Portrait Baroness Penn (Con)
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As I have said to the House, the UK has undertaken the largest-scale sanctions programme that we have ever had in our history. We continue to look at new sanctions, and obviously that has to be done within the legal framework that we have set. We amended elements of that framework early on after the invasion to ensure that we could take the widest possible range of action. We continue to look at what we can do, and we continue to speak to our Ukrainian partners about where they would find our efforts most effectively directed.

Lord Griffiths of Burry Port Portrait Lord Griffiths of Burry Port (Lab)
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And what about the Channel Islands?

Baroness Penn Portrait Baroness Penn (Con)
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The UK operates its sanctions regime and will continue to have conversations with all Crown dependencies, overseas territories and others.