London Daily

Focus on the big picture.
Tuesday, Dec 09, 2025

UK looking at ways to pay historic Iranian debt, foreign secretary says

UK looking at ways to pay historic Iranian debt, foreign secretary says

Britain is looking at ways to pay a historic 400 million pound ($522 million) debt to Iran, Foreign Secretary Liz Truss said on Wednesday, adding that she would not say if it had been settled already.
Iranian state media in 2021 cited unidentified Iranian officials as saying that the British-Iranian aid worker Nazanin Zaghari-Ratcliffe would be freed once the debt had been paid.

Truss was asked by Sky News if Zaghari-Ratcliffe was going to be able to return to London soon. She said she had made her case a priority, and added that she had also made repaying the Iranian debt a priority.

"We have been clear this is a legitimate debt that we do owe Iran and we have been seeking ways to pay it," Truss said. She added that there was a British team in Iran but would not give any further details.

Iran's clerical rulers say Britain owes the money that Iran's Shah paid up front for 1,750 Chieftain tanks and other vehicles, almost none of which were eventually delivered after the Islamic Revolution of 1979 toppled the U.S.-backed leader.

The British and Iranian governments say there is no connection between the debt and the legal case.

Zaghari-Ratcliffe, a project manager with the Thomson Reuters Foundation, was arrested at a Tehran airport in April 2016 and later convicted by an Iranian court of plotting to overthrow the clerical establishment.

Her family and the foundation, a charity that operates independently of Thomson Reuters and its news subsidiary Reuters, deny the charge.
Her family and the foundation on Tuesday declined to comment on a tweet by British lawmaker Tulip Siddiq that Zaghari-Ratcliffe had had her passport returned, increasing hopes that she would be released.

Zaghari-Ratcliffe, who served most of her first sentence in Tehran's Evin prison, was released in March 2020 during the coronavirus pandemic and kept under house arrest at her parents' home in Tehran. In March 2021, she was released from house arrest but she was summoned to court again on the new charge.

In April 2021, she was then sentenced to a new term in jail on charges of propaganda against Iran's ruling system, charges she denies. However that sentence has not yet started and she is banned from leaving the country.

($1 = 0.7662 pounds)
Newsletter

Related Articles

0:00
0:00
Close
"App recommendation" or disguised advertisement? ChatGPT Premium users are furious
"The Great Filtering": Australia Blocks Hundreds of Thousands of Minors From Social Networks
Mark Zuckerberg Pulls Back From Metaverse After $70 Billion Loss as Meta Shifts Priorities to AI
Nvidia CEO Says U.S. Data-Center Builds Take Years while China ‘Builds a Hospital in a Weekend’
Indian Airports in Turmoil as IndiGo Cancels Over a Thousand Flights, Stranding Thousands
Hollywood Industry on Edge as Netflix Secures Near-$60 Bln Loan for Warner Bros Takeover
Drugs and Assassinations: The Connection Between the Italian Mafia and Football Ultras
Hollywood megadeal: Netflix acquires Warner Bros. Discovery for 83 billion dollars
The Disregard for a Europe ‘in Danger of Erasure,’ the Shift Toward Russia: Trump’s Strategic Policy Document
Two and a Half Weeks After the Major Outage: A Cloudflare Malfunction Brings Down Multiple Sites
UK data-regulator demands urgent clarity on racial bias in police facial-recognition systems
Labour Uses Biscuits to Explain UK Debt — MPs Lean Into Social Media to Reach New Audiences
German President Lays Wreath at Coventry as UK-Germany Reaffirm Unity Against Russia’s Threat
UK Inquiry Finds Putin ‘Morally Responsible’ for 2018 Novichok Death — London Imposes Broad Sanctions on GRU
India backs down on plan to mandate government “Sanchar Saathi” app on all smartphones
King Charles Welcomes German President Steinmeier to UK in First State Visit by Berlin in 27 Years
UK Plans Major Cutback to Jury Trials as Crown Court Backlog Nears 80,000
UK Government to Significantly Limit Jury Trials in England and Wales
U.S. and U.K. Seal Drug-Pricing Deal: Britain Agrees to Pay More, U.S. Lifts Tariffs
UK Postpones Decision Yet Again on China’s Proposed Mega-Embassy in London
Head of UK Budget Watchdog Resigns After Premature Leak of Reeves’ Budget Report
Car-sharing giant Zipcar to exit UK market by end of 2025
Reports of Widespread Drone Deployment Raise Privacy and Security Questions in the UK
UK Signals Security Concerns Over China While Pursuing Stronger Trade Links
Google warns of AI “irrationality” just as Gemini 3 launch rattles markets
Top Consultancies Freeze Starting Salaries as AI Threatens ‘Pyramid’ Model
Macron Says Washington Pressuring EU to Delay Enforcement of Digital-Regulation Probes Against Meta, TikTok and X
UK’s DragonFire Laser Downs High-Speed Drones as £316m Deal Speeds Naval Deployment
UK Chancellor Rejects Claims She Misled Public on Fiscal Outlook Ahead of Budget
Starmer Defends Autumn Budget as Finance Chief Faces Accusations of Misleading Public Finances
EU Firms Struggle with 3,000-Hour Paperwork Load — While Automakers Fear De Facto 2030 Petrol Car Ban
White House launches ‘Hall of Shame’ site to publicly condemn media outlets for alleged bias
UK Budget’s New EV Mileage Tax Undercuts Case for Plug-In Hybrids
UK Government Launches National Inquiry into ‘Grooming Gangs’ After US Warning and Rising Public Outcry
Taylor Swift Extends U.K. Chart Reign as ‘The Fate of Ophelia’ Hits Six Weeks at No. 1
250 Still Missing in the Massive Fire, 94 Killed. One Day After the Disaster: Survivor Rescued on the 16th Floor
Trump: National Guard Soldier Who Was Shot in Washington Has Died; Second Soldier Fighting for His Life
UK Chancellor Reeves Defends Tax Rises as Essential to Reduce Child Poverty and Stabilise Public Finances
No Evidence Found for Claim That UK Schools Are Shifting to Teaching American English
European Powers Urge Israel to Halt West Bank Settler Violence Amid Surge in Attacks
"I Would Have Given Her a Kidney": She Lent Bezos’s Ex-Wife $1,000 — and Received Millions in Return
European States Approve First-ever Military-Grade Surveillance Network via ESA
UK to Slash Key Pension Tax Perk, Targeting High Earners Under New Budget
UK Government Announces £150 Annual Cut to Household Energy Bills Through Levy Reforms
UK Court Hears Challenge to Ban on Palestine Action as Critics Decry Heavy-Handed Measures
Investors Rush Into UK Gilts and Sterling After Budget Eases Fiscal Concerns
UK to Raise Online Betting Taxes by £1.1 Billion Under New Budget — Firms Warn of Fallout
Lamine Yamal? The ‘Heir to Messi’ Lost to Barcelona — and the Kingdom Is in a Frenzy
Warner Music Group Drops Suit Against Suno, Launches Licensed AI-Music Deal
HP to Cut up to 6,000 Jobs Globally as It Ramps Up AI Integration
×