The UK government is preparing to enter formal negotiations to join the European Union’s €90 billion (£78 billion) loan facility for Ukraine – a move that would open up significant defence contract opportunities for British industry while deepening the UK’s post-Brexit security alignment with Europe. Negotiations are expected to begin in May 2026, with Downing Street explicitly citing the economic opportunity for UK defence companies as a core rationale alongside the broader security imperative. What the Scheme Involves The EU loan facility is designed to channel large-scale financing into Ukraine’s defence and reconstruction needs. Participation in the scheme would allow…

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