Sir Keir Starmer has announced that the United Kingdom will join the European Union's €60 billion defence loan scheme for Ukraine, marking a key step in his push for closer ties with Brussels. The outgoing Prime Minister made the announcement during a trip to Paris for a meeting of the 'coalition of the willing' with French President Emmanuel Macron and German Chancellor Friedrich Merz.
Details of the Defence Loan Scheme
Under the arrangement, UK defence companies will be able to bid for procurement contracts funded by the loan in return for a financial contribution. The scheme is designed to bolster Ukraine's defences as Russia's invasion continues into its fifth year.
The 'coalition of the willing' was established by Starmer and Macron to bring together countries willing to provide security support to Ukraine if the conflict ends. Starmer's support for Ukraine has been a central element of his foreign policy during his tenure.
Starmer's Final Week as Prime Minister
Starmer is expected to attend Bastille Day events in France on Tuesday. Meanwhile, Chancellor Rachel Reeves is delivering her final Mansion House speech to the City of London, outlining plans to support small businesses.
Andy Burnham, the only candidate in Labour's leadership race, is expected to officially succeed Starmer next Monday. Starmer has faced criticism for his frequent foreign travel, with some branding him 'never here Keir'.
