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Starmer to give missiles to Ukraine paid for with £70m interest on Russian assets

Starmer to give missiles to Ukraine paid for with £70m interest on Russian assets

The 350 air defence missiles mark the first time the UK has used Russia-linked funds to buy weapons for Kyiv

Keir Starmer has announced a fresh package of military aid for Ukraine – this time paid for using the UK’s interest haul from frozen Russian assets.

The UK will send 350 advanced air defence missiles, built in Britain and adapted in record time for ground launch, using £70m of interest raised through the government’s extraordinary revenue acceleration (ERA) scheme. The move marks the first time the UK has used Russia-linked funds to directly bankroll weaponry for Kyiv.

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