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LONDON DAILY ARCHIVE

Britain to Arm Ukraine Using Interest from Frozen Russian Assets

£70 million in interest to fund delivery of 350 air defense missiles

25 June 2025 · 23:49 UTC

In a landmark move, Britain will supply Ukraine with 350 air defense missiles funded by £70 million in interest accrued from frozen Russian assets.

The weapons package includes advanced ASRAAM missiles intended to bolster Ukraine’s aerial defenses against ongoing Russian aggression, marking the first time the UK has used confiscated funds in this manner.