Written Question·Department for Business and Trade·UIN 44316

Overseas Companies: Russia

Tabled: 4 April 2025
Answered: 14 April 2025

Question

Martin Wrigley

Liberal DemocratNewton 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 Alexander
The 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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