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.
Answered on
14 April 2025
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 Kremlin’s ability to continue the war. It is a decision for individual UK businesses on whether and how to divest from Russia in compliance with UK sanctions.
Answered by
Department for Business and Trade