Skip to content
Edit post

UK promises $3.8 billion per year in military aid to Ukraine

by Abbey Fenbert October 30, 2024 11:02 PM 2 min read
U.K. Finance Minister Rachel Reeves poses with the red box outside 11 Downing Street on Oct. 30, 2024 in London, U.K.. This is the first budget presented by the new Labor government. (Dan Kitwood/Getty Images)
This audio is created with AI assistance

The U.K. will allocate three billion pounds ($3.8 billion) per year to military support for Ukraine, according to the draft budget submitted to the parliament on Oct. 30.

The proposed budget, which includes some tax increases and slashed expenditures, will increase the national defense budget and maintain the U.K.'s previous commitments to Ukraine's military support.

"Today, I am announcing a total increase to the Ministry of Defense's Budget of £2.9 billion next year, ensuring the U.K. comfortably exceeds our NATO commitments and providing guaranteed military support to Ukraine of £3 billion per year, for as long as it takes," U.K. Finance Minister Rachel Reeves announced on Oct. 30.

The funds are in addition to a £2.26 billion ($2.9 billion) loan, backed by frozen Russian assets, that the U.K. government announced last week.

The U.K.'s Labor party, led by Prime Minister Keir Starmer, came to power in July following a resounding electoral victory. The draft budget aims to tackle "a decade and a half" of stagnation along with high national debt.

Despite these financial challenges, the Labor budget does not propose any cuts to Ukraine's military aid and builds on the previous government's promises. Former Prime Minister Rishi Sunak pledged last May to send Ukraine £3 billion per year for "as long as is necessary."

The U.K. has consistently voiced strong support for Ukraine, alongside the U.S. and Germany. The country has pledgedover $9 billion in military assistance since Russia's full-scale invasion in February 2022.

Opinion: It’s time to admit the West is already at war with Russia
Another week of Russia’s invasion of Ukraine has gone by, and Moscow has crossed yet another line with its aggression against Western targets. This time, the violation came in the form of a parcel bomb in the hold of a German aircraft. The device exploded on the ground at

News Feed

2:25 PM  (Updated: )

Ukrainian drones hit chemical plant in Russia's Tula Oblast, source says.

The Russian Defense Ministry reported on Nov. 9 that Ukraine struck seven Russian regions – including Tula Oblast – with 50 drones. Moscow claimed that it had shot down all 50 drones, including two over Tula Oblast, which is located south of Moscow.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.