EU deal on Ukraine loan could boost UK if it agrees to help pay costs

British firms could get more opportunities to supply defence equipment to Kyiv if agreement can be reached

The UK could reap greater benefits from a €90bn (£78bn) EU loan for Ukraine, if it agrees to help pay the cost of borrowing, after European countries signed off long-awaited financial aid for Kyiv.

British firms could have greater opportunities to supply defence equipment to Ukraine funded by the loan if the government agrees a “fair” contribution towards EU borrowing costs.