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UK Transfers £752 Million in Frozen Russian Assets to Ukraine

4/16/2026

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Summary

Story summary

The United Kingdom transferred 752 million pounds in frozen Russian assets to Ukraine, per Ukraine's Finance Ministry.
The transfer is part of the G7 Extraordinary Revenue Acceleration for Ukraine initiative.
Finance Minister Serhiy Marchenko said the funds will support Ukraine's security and defense needs amid the ongoing conflict with Russia.
The payment is part of a larger defense package totaling 2.26 billion pounds.

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Story summary

The United Kingdom transferred 752 million pounds in frozen Russian assets to Ukraine, per Ukraine's Finance Ministry.
The transfer is part of the G7 Extraordinary Revenue Acceleration for Ukraine initiative.
Finance Minister Serhiy Marchenko said the funds will support Ukraine's security and defense needs amid the ongoing conflict with Russia.
The payment is part of a larger defense package totaling 2.26 billion pounds.