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The Guardian - UK
The Guardian - UK
Politics
Patrick Wintour Diplomatic editor

UK to keep Kremlin assets frozen until Russia pays compensation to Ukraine

The foreign secretary, James Cleverly, at No 10
The foreign secretary, James Cleverly, has insisted that Russia’s sovereign assets will remain immobilised until Russia agrees to pay for the damage it has caused in Ukraine. Photograph: Carl Court/Getty Images

Britain is likely to keep Russian state assets immobilised for some time after the war in Ukraine ends, and certainly until Moscow has agreed to pay compensation for the damage it has inflicted, British officials have confirmed.

The Council of Europe summit last week established a digital register of damage for Ukraine as the first step towards an international compensation mechanism for victims of Russian aggression.

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