World
UK joining Ukraine loan scheme would be good for EU ties, Starmer says
✦ AI Brief
The UK is discussing participation in a €90bn European Union loan scheme to support Ukraine against Russia. The loan aims to strengthen Ukraine's defences and give UK firms access to future contracts. Two-thirds of the funding will be spent on bolstering Ukraine's defence needs, while the rest will go on broader financial assistance. The UK's participation in the scheme is expected to be beneficial for Ukraine, the UK, and UK-EU relations.