Ukraine

Lord Watts Excerpts

Thursday 24th February 2022 Lords Chamber

[Baroness Evans of Bowes Park (Con)]

As I have set out in our general discussion—obviously, there was also the G7 call today—we are working with our global partners on a range of issues. I am sure that discussions around the international rules have been part of that. As I said in the Statement, we will set out before Easter further detail on the policies that we intend to bring in, including reforms to Companies House, so my noble friend should not have too much longer to wait for that.

[Lord Watts (Lab)]

My Lords, I welcome the Government’s announcement today on the measures that they are going to take, but Putin will not just sit there; he will probably use cyberattacks as a way of hitting back at the West. Are the Government prepared to do the same back to him if that happens? Unless we do that, we will see continual cyberattacks. We need to make sure that he understands the consequences of what he intends to do.

[Baroness Evans of Bowes Park (Con)]

The noble Lord is right; that is certainly an area we are looking at. He will know that we have put a UK cyber sanctions regime into force to ensure that the consequences of malign cyber activity are felt. We have specialist teams of cyber experts and intelligence analysts working round the clock to detect, decipher and deter Russian threats. We are also investing £2.6 billion in cyber and IT capabilities over the next three years.