The United Kingdom has pledged a £2.26 billion ($2.84 billion) loan to Ukraine in a move designed to strengthen Kyiv's defence industry. Announced on Saturday, the agreement will be repaid using profits from frozen Russian sovereign assets, a decision Ukrainian President Volodymyr Zelenskyy described as "true justice. The one who started the war must be the one to pay."
The loan was finalised during a virtual signing ceremony between UK Chancellor Rachel Reeves and Ukraine's Finance Minister Sergii Marchenko. Meanwhile, Prime Minister Keir Starmer hosted Zelenskyy in London, reaffirming Britain's continued commitment to Ukraine’s war effort.
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