Britain Pledges £10bn to Ukraine: What the Aid Package Is Made Of
The government has announced its largest-ever aid package for Ukraine, even as it struggles to balance its own defence budget. How much of it is real money? Who pays? And why is the taxpayer left with nothing to do but smirk?
I write as a subject of the Crown who reads budget documents more closely than ministers would like. The press release demands enthusiasm. The footnotes demand arithmetic. Let us attend to the latter.
What Was Actually Announced

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