Written Question·Department for Business and Trade·UIN 44316
Overseas Companies: Russia
Tabled: 4 April 2025
Answered: 14 April 2025
Question
Martin Wrigley
Liberal Democrat — Newton Abbot
To ask the Secretary of State for Business and Trade, what information his Department holds on whether any UK firms with Russian holdings are not in the process of divesting from operations based in Russia.
Answer
Mr Douglas AlexanderThe Department for Business and Trade does not hold any specific data on UK firms that are not in the process of divesting from operations based in Russia. UK businesses must comply with our sanctions, which form an extensive regime to constrain the Kreml...
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