Sanctions

My right hon. Friend is making an excellent speech. I fully understand that he is separating the institutional from the personal. The term “oligarch” is bandied about far too much, but does he accept that while the institutional stuff will hurt the Russian state, by targeting those people who remain close to Putin, we will then target him, especially if they remain the oligarchic facilitators of some of his overseas policy, which is effectively a parallel Kremlin policy to the official state?