L

Lord Lancaster of Kimbolton (Con)

Speaking in the House of Lords on 22 January 2025

Debate

UK-Ukraine 100-year Partnership

Contribution

My Lords, to date, the UK has given £7.8 billion-worth of military assistance to Ukraine and that has been paid for from the Treasury reserve. Under this agreement, we commit to give a further £3 billion per year until 2030. Can the Minister say whether that will continue to be paid for from the Treasury reserve, or will it, as some fear, be transferred to the defence budget, because without the appropriate baselining that would effectively negate any increase in the defence budget to 2.5%?

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