To get a just and lasting peace in Ukraine, we have to go after Russia’s money. Three and a half years on from President Putin’s unprovoked invasion of a sovereign nation, he has failed in his war aims, but he is refusing to pursue peace.
The UK has been driving the case for economic action against Russia with our allies – announcing our own new crackdown on Russia’s 2 biggest oil and gas companies as I did in parliament 11 days ago, swiftly followed by similar major sanctions from the US and new EU sanctions last week and an important meeting of the “coalition of the willing” on Friday. With the tailwind behind us, now is the time for fresh economic pressure to deprive the Kremlin of war revenues and push Putin to the negotiating table.
President Zelensky has made clear he is ready for

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