Written Question·Treasury·UIN 8990

Sanctions: Russia

Tabled: 14 October 2024
Answered: 17 October 2024
Named Day

Question

Sarah Green

Liberal DemocratChesham and Amersham

To ask the Chancellor of the Exchequer, what steps she is taking to ensure effective enforcement of the UK's financial sanctions regime for UK companies suspected of breaching sanctions on Russian oil.

Answer

Tulip Siddiq
The action taken by the UK and its Coalition partners to limit Russian energy revenues is having a significant impact, with data from Russia’s Ministry of Finance showing there was a 30% reduction in Russian government tax revenues from oil in 2023 compar...

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