Paul Farrelly
Main Page: Paul Farrelly (Labour - Newcastle-under-Lyme)Department Debates - View all Paul Farrelly's debates with the Cabinet Office
(10 years, 5 months ago)
Commons ChamberAs I said earlier, I spoke to the Israeli Prime Minister last night, and while I said that we believe in Israel’s right to defend itself, we believe that it needs to exercise restraint, to avoid civilian casualties and to find ways of bringing this to a close. But the best way to bring this to a close is the fastest way, and that is for the rocket attacks to stop.
The revelation to waiting cameras of the previous advice to the Government about the possible effect of sanctions against Russia on the City of London, gave the dreadful impression that the UK, too, was just following its own narrow interests, when, frankly, London would be much better off without much of that tainted Russian money. After this latest abominable act, is it not time for much harsher financial sanctions against Russia, including the denial of use at all levels of international payment systems in London, Frankfurt, Paris, New York and all across the world?
These are all things that can be looked at as we look at tier 3 sanctions. But when it comes to Britain’s negotiation within the EU over these issues, although, as the hon. Gentleman says, there are a lot of Russian money and Russian businesses in Britain, Britain is not the back marker in arguing for tougher sanctions; we are usually in the vanguard, with the Poles and Baltic states, arguing that we need to give a strong, clear and predictable lead on these issues. It is not those interests that are holding us back.