Ukraine

Alex Sobel Excerpts

Wednesday 15th October 2025 Commons Chamber

[Yvette Cooper]

I thank the Liberal Democrat spokesperson for his questions and his continued support for Ukraine. We are determined to tighten the restrictions much further, not simply on the oil and gas companies, although this is the first time we have sanctioned these major companies, but on the distribution networks and those who continue to profit. On 12 September, I announced 100 new sanctions, including on 70 more ships in the shadow fleet. Today, in the second sanctions package that I have announced since being appointed, I have announced sanctions on a further 44 shadow fleet ships, because we are clear that the shadow fleet is undermining the impact of the sanctions that we have set out.

On Russian sovereign assets, if what we do is to have a proper impact, both on Russia and on the market, it is right that we should work alongside partners, and we welcome the statements from President von der Leyen and the G7 Finance Ministers. I can tell the hon. Gentleman that this is a huge priority for me and for the Chancellor, who is pursuing those exact issues about timetables, and about the final steps we need to take around Russian sovereign assets in Washington today.

The issue of the proceeds from the sale of Chelsea football club is a priority for me personally. We must ensure that those proceeds can reach humanitarian causes in Ukraine, following Russia’s illegal full-scale invasion. I am deeply frustrated that that has not been possible so far, but we are fully prepared to pursue this matter through the courts if required, while the door for negotiations remains open. Again, I have discussed this matter not just with the Chancellor, but internationally.

[Alex Sobel (Leeds Central and Headingley) (Lab/Co-op)]

I thank the Speaker, the Speaker’s Office and the Deputy Speakers for the gracious welcome they today gave Ruslan Stefanchuk, the Speaker of the Rada. Also, seeing the Foreign Secretary in Kyiv on her first foreign visit was a real fillip for the people of Ukraine.

I thank the Foreign Secretary for the sanctions package, but I would like to ask further questions about the seizure of Russian assets. I am pleased that we are ready to progress the seizure of Russian assets, and that we have announced work with France and Germany, but are we working at pace with our allies to ensure the seizure of Russian assets? Ukrainians know that their best chance of winning this war will come from the move from freezing to seizing assets. Will the United Kingdom provide finance for the reparations loan that the EU proposes?

[Yvette Cooper]

I thank my hon. Friend for his continued work for many years on Ukraine. It was certainly very good to see him at the event in Kyiv. I can assure him that we think that the new mechanism that the EU has drawn up and provided to mobilise effectively the assets that are being held is really important. We support that work, and we believe that we, the EU and other allies should try to make rapid progress now, because ultimately, the rebuilding of Ukraine and support for Ukraine should be paid for by Russia.