Continued operations of Western businesses in Russia

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That this House expresses its concern for the continued operations of non-essential Western businesses in Russia following that country’s invasion of Ukraine; further condemns non-essential businesses seeking to profit from the exit of major competitors in-market by evading sanctions; notes the investigation by the Guardian and Billboard into the continued operations in Russia of listed music company, Believe Music; notes the finding of this investigation that whilst claiming to have suspended operations, Believe Music is employing new staff, signing new contracts and releasing new music; condemns the finding that the company is advising partners on how to evade sanctions, including offering solutions to legally circumvent the banking ban; notes the contrast with other Western businesses including all three major record labels that have suspended operations entirely in Russia, or have exited entirely; and urges businesses like Believe Music to do the right thing by exiting Russia.