Written questions

Overseas Companies: Russia

Commons · Question 44316 · Tabled 4 Apr 2025 · Department for Business and Trade · Official record

Answered 14 Apr 2025

Question

Asked by Martin Wrigley

To ask the Secretary of State for Business and Trade, what information his Department holds on whether any UK firms with Russian holdings are not in the process of divesting from operations based in Russia.

Answer

Answered by Douglas Alexander, 14 Apr 2025

The Department for Business and Trade does not hold any specific data on UK firms that are not in the process of divesting from operations based in Russia. UK businesses must comply with our sanctions, which form an extensive regime to constrain the Kreml...