It is a pleasure to serve under your chairmanship, Mr Henderson. I am grateful to the right hon. Member for Barking (Dame Margaret Hodge) for securing this important debate and to the debate's co-sponsor, my right hon. Friend the Member for Chingford and Woodford Green (Sir Iain Duncan Smith). Iran's attack on Israel on 13 April was just outrageous, dangerous, and unacceptable; it is hard to overstate how serious the fallout could have been if successful. The Prime Minister and the Foreign Secretary condemned the attack in the strongest terms and imposed sanctions targeting key parts of Iran's military, as well as individuals and companies in Iran's drone and missile industries. Further bans on export components used for drone and missile production are planned. We work with international partners to deter threats from Iran, including its support to Hamas, Hezbollah, militia groups in Iraq and Syria, and the Houthis' targeting of vessels in the Red Sea. Iran's collaboration with Russia, contributing to armed conflict in Ukraine, has led to 24 sanctions designations for drone supply to Russia. We will respond swiftly if Iran proceeds with providing ballistic missiles or related technology to Europe. Concerning nuclear capability, we have maintained nuclear sanctions on Iran and are committed to preventing it from developing a nuclear weapon through all diplomatic options, including triggering the UN snapback. Since January 2022, at least 15 threats backed by Iran towards individuals based in the UK were identified, prompting active disruption and response measures. A new Iran sanctions regime introduced in late 2023 gives us extensive powers to designate Iran-backed people and entities who threaten the UK and its allies, leading to more than 400 designations. The Foreign Secretary summoned Iran's most senior diplomat to respond to an ITV News report detailing plots to kill employees of Iran International. We recognise the malign threat posed by the IRGC but decisions on proscription sit with the Home Office. We have sanctioned over 60 IRGC officers and affiliated entities under our sanctions regime, but further information will be provided in writing. Sanctions are robustly enforced, and potential breaches investigated appropriately. Concerning banks like Santander and Lloyds Bank, we urge colleagues to raise these concerns with the Financial Conduct Authority (FCA) for exploration. We condemn Iran's human rights abuses, including repression of women and girls, the uninhibited use of the death penalty, violent crackdowns on dissenting voices, and interference in UK academia. The Government have brought in the Higher Education (Freedom of Speech) Act 2023 and the National Security Act 1981 to address these issues. Universities are urged to perform due diligence checks on all customers and clients for compliance with sanctions regulations.