Joe Powell

Joe Powell

Labour — Kensington and Bayswater

Speaking in the House of Commons on 15 October 2025

Debate

Ukraine

Contribution

I strongly welcome the sanctions targeting the $108 billion in oil revenue that the Kremlin received last year and the progress on the $350 billion in frozen Russian sovereign assets. I applaud the Foreign Secretary and the Chancellor for their efforts in building a coalition with the EU and others to move from using the interest payments to using the capital. Does she agree that that recent breakthrough shows that legally this money should be treated as a downpayment on the reparations for the horrific harm that Russia has caused, which we know it will do everything to avoid paying?

More from Joe Powell

Other recent Hansard contributions by the same speaker.

About Hansard

Hansard is the official verbatim record of proceedings in the UK Parliament. Every word spoken in the Commons and Lords is recorded and published — this page is a single contribution from that record.

For Joe Powell's full parliamentary record including voting history, expenses and all other contributions, see the Joe Powell report card.