Written questions

Freezing of Assets: Russia

Lords · Question HL12827 · Tabled 9 Dec 2025 · Treasury · Official record

Answered 23 Dec 2025

Question

Asked by Lord Wigley

To ask His Majesty's Government what plans they have to liquidate Russian assets currently frozen in the UK; and whether they have discussed the implications of that action with (1) leaders of the EU, and (2) President Trump.

Answer

Answered by Lord Livermore, 23 Dec 2025

The Chancellor is actively engaging with our EU and G7 partners to explore options for using the full value of Russian sovereign assets immobilised across the G7, in line with international law. The Government remains committed to ensuring Russia is held ...