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The United Kingdom has announced a record £10 billion package of additional economic and military support for Ukraine, its largest package for the country since Russia's full-scale invasion began.
Chancellor John Healey announced the package on Wednesday, October 28, 2026, as part of the Budget. He told lawmakers the £10 billion would be based on loans, export finance guarantees and £500 million in urgent military funding for this winter.
The package is made up of £7 billion in economic support over three years, including up to £5.5 billion in World Bank guarantees and a £500 million grant to the World Bank's International Development Association crisis facility, which is expected to mobilise £1.5 billion of support for Ukraine.
It also includes a £3 billion increase in UK Export Finance capacity for Ukraine, prioritised for military support, bringing total UK Export Finance cover for Ukraine to £6.5 billion.
A further £500 million in additional military support will go to Ukraine's air defences this winter, to plug urgent gaps as Russia attacks the country's critical infrastructure. Together with £750 million already committed from the UK's Extraordinary Revenue Acceleration loan, which is repaid from profits on frozen Russian assets, that takes UK military support provided to Ukraine this year to £4.3 billion.
The package sits on top of the UK's existing commitment to provide £3 billion in military support to Ukraine each year until at least 2030-31, or for as long as it takes. Including the new announcement, the UK says it has now committed a total of £35 billion for Ukraine: £16 billion in military support, up to £12.6 billion in non-military support and £6.5 billion in export finance cover.
Prime Minister Andy Burnham and Healey spoke to Ukrainian President Volodymyr Zelenskyy before the Budget to tell him about the decision; Healey told lawmakers Zelenskyy said the news had made his day.
Supporters argue the package is essential to protecting Ukraine and strengthening its ability to resist Russia's invasion, and the government says it is vital for collective security. Critics, however, may question the scale of Britain's financial commitments and argue that more resources should be directed towards domestic priorities as the war continues.