New bill would seize UK-based Russian state assets and allocate them for the Ukrainian war effort

A new 10 minute rule bill, introduced today by Labour MP Sir Chris Bryant, would seize already-frozen Russian state assets based in the UK and allocate them to Ukrainian war effort.

Introducing his bill, Sir Chris said: “Russia is truly a great nation with a phenomenal history, culture and extraordinary people. But this is a war of aggression. I hope individuals will face justice in the Ukrainian courts or in an international war crimes tribunal, including those at the very top of the army and the top of the government”.