Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, if he will make an assessment of the potential merits of introducing (a) targeted tax relief and (b) other financial support measures to support businesses that have had to source materials or services from alternative suppliers at higher costs as a result of restrictions on trade with Russia.

The Department for Business and Trade does not provide financial support in relation to sanctions. Where possible, we have sought to minimise the impact on businesses through implementing appropriate exceptions, specific export licences where appropriate, and wind-down periods when some sanctions are introduced. UK businesses can access a wealth of online export support via Great.gov.uk and one-to-one support from International Trade Advisers.