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The Independent UK
The Independent UK
Millie Cooke

Reeves loans £2bn in frozen Russian assets to fund weapons in Ukraine

Rachel Reeves has announced plans to loan more than £2bn worth of frozen Russian assets to fund weapons in Ukraine as the prime minister warns that we are at a “turning point” in the war.

It comes ahead of a major summit in London on Sunday where European leaders will meet to thrash out a response to Donald Trump’s erratic stance on Ukraine and his catastrophic meeting with Volodymyr Zelensky on Friday.

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