Written questions

Freezing of Assets: Russia

2026-05-17 · Treasury · 2127 · Official question

Mr Richard Holden

Question

To ask the Chancellor of the Exchequer, what recent discussions she has had with Cabinet colleagues on the potential use of frozen Russian sovereign assets and funds from the sale of Chelsea Football Club to support Ukraine.

Answer

While I am unable to comment on private Cabinet or committee discussions, I can assure you that the Government is doing everything within its powers to ensure that the full proceeds from the sale of Chelsea Football Club are used for humanitarian purposes...