Question to the Foreign, Commonwealth & Development Office:
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether he plans to seize Russian oligarchs’ UK homes to house Ukrainian refugees.
Since the launch of the UK's Ukraine schemes, 219,400 Ukrainians have arrived in the UK as of December 2024, in part thanks to the immense generosity of the British public.
Designated individuals and entities do not forfeit ownership of assets frozen in the UK. However, the UK has legislation in place allowing us to keep sanctions in place.
Russia's obligations are clear: it must end its illegal war of aggression and pay for the damage it has caused Ukraine. We continue to work with our allies to pursue all lawful ways to ensure that Russia does so.
The UK has now disbursed over half of the UK's £2.26 billion contribution to the G7's Extraordinary Revenue Acceleration scheme. That contribution will be repaid by the profits generated on sanctioned Russian sovereign assets.