Our support for Ukraine and her men and women in their fight for freedom from Putin’s aggression is unwavering and will remain so for as long a

The funds represent the UK’s share of a $50 billion (£38.39 billion) loan package agreed upon by the G7 nations, financed through interest generated from sanctioned Russian sovereign assets

The UK will loan Ukraine £2.3 billion ($3 billion) to purchase military equipment, paid for by profits generated by frozen Russian assets.Most Read from BloombergClimate Change Is Killing Buildings in

The UK will give Ukraine a £2.26bn loan to buy weapons and other support to fight Russia's invasion, with the money effectively repaid to the British taxpayer by Moscow.

Chancellor Rachel Reeves and Defence Secretary John Healey announced the move, which will be funded by profits on frozen Russian assets.