Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 1 April 2025 to Question 41805 on Freezing of Assets: Russia and with reference to the guidance entitled Financial sanctions guidance for Insolvency Practitioners, published on 18 March 2025, what the value is of assets immobilised in the UK under the prohibited persons provision of the Russia regime.

Coordinating closely with our G7 partners, the UK is contributing a £2.26bn loan to Ukraine through the Extraordinary Revenue Acceleration (ERA) scheme, generated from profits of immobilised Russian sovereign assets held across the UK’s jurisdiction.

It is important that any decision to publicise information relating to the ERA scheme is taken on a collective G7 basis.