Seized Russian money could help Ukraine - Cameron

There is a “moral, political, legal, and economic case” for using money seized from Russian to help rebuild Ukraine, the UK foreign secretary has said.

Speaking to the BBCs Faisal Islam in Davos, Lord Cameron said “one day” Russia should be paying reparations for war damage in Ukraine.

He said frozen Russian assets could be an “advance payment” to help Ukraine now and save western taxpayers’ money.

In October, Chancellor Jeremy Hunt said the government had asked the Bank of England to look at options for using Russian sovereign assets to fund Ukraine's war effort.

18 January 2024