Efforts to support Ukraine
Sir Keir Starmer has been advised to do more to unfreeze Russian assets to aid Ukraine, rather than merely safeguarding them in "Putin's bank." Prime Minister Boris Johnson is calling on European leaders to redirect the £250 billion of Moscow's assets across the continent to bolster Ukraine's war chest.
Challenges and resistance
While the UK has pledged a £2.26 billion loan to support Ukraine, backed by frozen Russian funds, some Eurozone countries are hesitant to endorse a broader asset seizure. Concerns over international law and the potential impact on future investments from other countries are causing resistance.
Support from political figures
Former Tory leader Sir Iain Duncan Smith emphasized the need to act swiftly to seize these assets, stating that Putin should bear the consequences of the invasion. Labour MP Joe Powell echoed this sentiment, urging European leaders to take bold steps to utilize Russian assets for Ukraine's benefit.
Call for action
Shadow Foreign Secretary Priti Patel stressed the importance of lawfully mobilizing Russian assets, calling for continued efforts from the UK and the EU to find solutions. Foreign Secretary David Lammy suggested that Britain could participate in a European defense fund to enhance European security.
International support and developments
Sir Keir Starmer's approval ratings have improved following his handling of diplomatic challenges, according to an Opinium poll. Additionally, Australia is considering joining the "coalition of the willing" to support Ukraine. Despite the US suspending military aid to Ukraine, former Defence Secretary Sir Ben Wallace emphasized the need for Europe to ensure its security and stand by Ukraine.
