The United Kingdom announced a further £10 billion in economic and military support for Ukraine on October 28, 2026, describing it as the largest ever UK financial package for the country. The funding, announced in the Budget, comes on top of the existing £3 billion a year in UK military aid.

£7 billion in economic support

Over three years, the UK will provide £7 billion in economic support, including up to £5.5 billion in World Bank guarantees and a £500 million grant to the World Bank International Development Association’s crisis facility, which is expected to mobilise £1.5 billion.

Export finance for defence

UK Export Finance capacity for Ukraine will rise by £3 billion, prioritised for military support, bringing total UKEF backing to £6.5 billion.

Air defence for winter

The package includes £500 million for Ukraine’s air defences this winter, in response to Russian attacks on critical infrastructure.

“Unshakeable”

Prime Minister Andy Burnham called it “the largest ever package of funding for Ukraine from the UK.” Chancellor John Healey said “our commitment to Ukraine’s sovereignty and defence remains unshakeable.” The announcement came as Kyiv appealed to partners for air defence and energy equipment amid intensifying Russian strikes.

Sources

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