Export credit agency of the UK government
The UK has announced sanctions to choke off revenues funding Russia’s war, alongside a plan to power Ukraine’s nuclear plants for two winters with £210 million in UK Export Finance for Urenco’s uranium enrichment. Commandos have boarded a sanctioned Russian oil tanker, marking a first-time UK-led disruption of Moscow’s shadow fleet.
The Defence Investment Plan has been revised to prioritise frontline equipment, drones and rapid-reaction forces. Dan Jarvis has secured additional funding and the plan emphasizes high-speed boats, strike drones and uncrewed vessels, with a focus on the High North amid rising Russian activity. The plan aims to equip troops faster while addressing concerns about funding gaps and the pace of modern warfare.