Answer from Hansard

The Prime Minister

I heartily agree with my hon. Friend—British families have shown incredible kindness and hospitality. To support Ukrainians in their hour of need, we have been working with our allies on the issue of frozen Russian assets. Today, I can announce that we are issuing a licence to transfer £2.5 billion—funds that have been frozen since 2022—from the sale of Chelsea football club. My message to Abramovich is this. The clock is ticking. Honour the commitment that you made and pay up now. If you do not, we are prepared to go to court so that every penny reaches those whose lives have been torn apart by Putin’s illegal war.