British finance minister John Healey said on Wednesday that Britain would provide £10 billion ($13.29 billion) of additional economic and military support to Ukraine to help in its war with Russia, announcing the package in his Budget speech to Parliament — yaani about 1,000 crore pounds in total.

Source: Reuters via LSE

Healey told lawmakers the £10 billion would be based on loans, export finance guarantees and £500 million in urgent military funding for this winter, Reuters reported. A Downing Street spokesperson said the package was made up of £7 billion of economic support over three years and £3 billion in export finance capacity for Ukraine, and that the £500 million of military funding would 'plug urgent gaps in Ukraine's air defences'.

£10 billionTotal new UK support pledged for Ukraine — yaani about 1,000 crore pounds
£7 billionEconomic support over three years
£3 billionExtra export finance capacity
£500 millionUrgent military funding for this winter, for air defences — yaani 50 crore pounds

How the money is built

The economic support includes 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 for Ukraine, according to the detailed Budget breakdown. The £3 billion rise in UK Export Finance capacity brings the total available through that channel to £6.5 billion. Only the £500 million is scored as spending in the Budget itself, all in 2026-27, according to HM Treasury figures summarised by Breaking Brexit News.

Source: BritainsNews / HM Treasury

Including the new announcement, the UK has now committed £35 billion to Ukraine, including £16 billion in military support, and UK military support this year totals £4.3 billion, on top of a £3 billion-a-year pledge running to 2030-31. Healey also pledged that UK defence spending will reach 3% of GDP by 2030.

Zelenskiy: 'You've made my day'

Healey said he and Prime Minister Andy Burnham had spoken to Ukrainian President Volodymyr Zelenskiy before the Budget, and that Zelenskiy 'told us you've made my day', Reuters reported. The package arrives as Ukraine faces continuing Russian missile and drone attacks on its critical infrastructure ahead of winter, and a day after Kyiv asked five European allies for 10% of their existing Patriot and IRIS-T interceptor stocks.

What happens next

The £500 million winter military funding is the urgent part — it is scored for this financial year and aimed at air-defence gaps. The £7 billion economic support runs over three years through World Bank channels, and the export finance capacity is a guarantee ceiling, not cash spent on day one.