Government of the United KingdomWeapons and military aid

£2.26bn UK loan repaid from Russian asset profits

“The new £2.26 billion is the UK’s contribution to the G7 Extraordinary Revenue Acceleration (ERA) Loans to Ukraine scheme, in which $50 billion from G7 countries will be delivered to Ukraine for its military, budget and reconstruction needs.”

DeliveredGovernment announcement, 22 October 2024, sourceVerified by Pavel Guzhikov, checked by AI Journalist

  1. Promised
  2. In plan
  3. Legislated
  4. Funded
  5. Delivering
  6. Delivered

Where it stands

Paid in three tranches of £752m: on 6 March 2025, on 14 April 2025 and, as Ukraine’s Ministry of Finance announced on 15 April 2026, the third and last in April 2026.

What has happened

  1. Promised. The government announces the UK share of the G7 loans
  2. Delivering. The first £752m is paid evidence
  3. Delivering. The second £752m is paid evidence
  4. Delivered. Ukraine’s Ministry of Finance says the final £752m has been received, completing the loan evidence

About the cost

£2.26bn as worded, at the ECB rate of 0.8334 pounds to the euro on 22 October 2024: €2.71bn. Low–high is an editorial ±10% because the announcement gives one figure.

More detail

Sources (2)
Checks

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