Business news from Ukraine

Business news from Ukraine

United Kingdom Could Match EU in Ukrainian Chicken Imports by 2027

According to Experts.news, the United Kingdom could come close to the entire European Union market in terms of Ukrainian chicken meat purchases by 2027, while the importance of Middle Eastern countries for Ukrainian exporters will decline, according to a forecast by the Kyiv office of the U.S. Department of Agriculture (USDA FAS).

In the “Poultry and Products Annual” report, published on August 19, 2026, the United Kingdom is identified as one of the key drivers of growth in Ukrainian chicken meat production and exports in 2026–2027.

On January 16, 2026, Ukraine and the United Kingdom agreed to extend the duty-free trade regime for chicken meat and a number of other agricultural products until March 31, 2028. The United Kingdom will not impose a tariff quota on Ukrainian chicken until that date.

According to USDA estimates, this effectively provides Ukrainian producers with nearly two additional years of unrestricted access to one of the world’s most price-competitive markets. In some months, retail prices for Ukrainian chicken in the United Kingdom have even been higher than in the EU.

As a result, FAS/Kyiv expects a further sharp increase in shipments to the United Kingdom. By 2027, their volume could become comparable to Ukraine’s total chicken exports to the EU.

At the same time, the European Union remains the industry’s largest premium market; however, shipments are limited by a new permanent duty-free quota of 120,000 metric tons per year.

The new quota was agreed upon by Ukraine and the EU in October 2025. It replaced the pre-war permanent quota of 90,000 metric tons and the temporary regime of autonomous trade measures, which allowed for significantly larger volumes to be exported. The USDA expects that in 2026–2027, actual exports to the EU will remain at the established limit of 120,000 metric tons.

The expansion of shipments to the UK and the EU is already changing the geography of Ukrainian exports.

The shift is particularly noticeable in the Middle East. The USDA reports that in 2026, Ukrainian chicken exports to Saudi Arabia—which had previously been Ukraine’s largest single export market for this product—ceased entirely.

This occurred despite MHP’s long-standing relationship with Saudi Arabia and the Saudi Agricultural and Livestock Investment Company (SALIC), which owns 13% of MHP. At the same time, the USDA anticipates that Ukrainian products may return to the Saudi market in the coming years.

Exports to Iraq, on the other hand, continue. The USDA specifically notes that Ukraine was not included in Iraq’s ban on chicken imports from 39 major supplier countries due to risks associated with highly pathogenic avian influenza.

Ukrainian producers also maintain a presence in the markets of Africa and the former Soviet Union countries; however, the most profitable European markets are gradually drawing a portion of the production toward them.

Exports via Turkey are primarily of a transit nature: according to USDA industry sources, most of the Ukrainian poultry arriving there is subsequently re-exported to Asia or Africa. At the same time, the free trade agreement between Ukraine and Turkey, which will take effect in 2026, provides for a separate duty-free quota of 2,000 metric tons for raw and processed poultry products.

Overall, according to the latest estimate by FAS/Kyiv, chicken meat exports from Ukraine will increase from about 450,000 metric tons in 2025 to 490,000 metric tons in 2026 and 530,000 metric tons in 2027.

Thus, one of the key changes over the next two years will be the further reorientation of the Ukrainian poultry industry toward the United Kingdom and the EU, at the expense of some of its traditional markets in the Middle East and Asia.

Source: USDA Foreign Agricultural Service, Ukraine: Poultry and Products Annual, UP2026-0022, August 19, 2026.

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United Kingdom Is Using Ukrainian Combat Data to Train AI to Protect Critical Infrastructure

According to The Guardian, the United Kingdom will gain access to Ukrainian battlefield data to train artificial intelligence systems that are planned to be used to protect military facilities and critical infrastructure from sabotage, drones, and other threats.

Ukraine and the UK signed a partnership agreement on artificial intelligence on August 24, 2026. The UK will become the first foreign partner to gain access to the Ukrainian platform Avengers AI Labs, the British government reported.

Avengers AI Labs aggregates a vast amount of real-world data collected by thousands of daytime cameras and infrared sensors on the battlefield. The system contains data on millions of objects, including tanks, artillery, air defense systems, personnel, and aerial targets—such as Shahed strike drones and reconnaissance drones. This data is used to train artificial intelligence models.

According to The Guardian, one of the first British pilot projects will be a system to protect a military facility using underground fiber-optic cables, which, with the help of AI, will be able to recognize characteristic movements of people and vehicles. In the future, such technologies could be applied at airports, railways, energy facilities, and prisons.
Three British technology companies—Sintela, Mind Foundry, and Skyral—have already been involved in the pilot projects. In particular, Sintela specializes in using fiber-optic networks as distributed sensors.

Another area of cooperation will be the development of a new generation of energy-efficient AI chips for drones, robotics, and autonomous systems. It is expected that such solutions will allow these systems to operate autonomously for longer periods and respond more quickly in challenging conditions.
The agreement calls for collaboration among governments, businesses, universities, and research centers in both countries. Ukraine provides unique data and experience in applying technologies under real combat conditions, while the United Kingdom contributes its research infrastructure, universities, and technology companies.

British Prime Minister Andy Burnham stated that combining Ukraine’s combat experience with British expertise in AI will accelerate the development of technologies for both Ukraine’s defense and the protection of critical British infrastructure.
The partnership is part of a 100-year agreement between Ukraine and the United Kingdom. The joint declaration calls for the development of AI models, secure data-sharing mechanisms, autonomous systems, cybersecurity technologies, and solutions for the defense industry.

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Netanyahu: “United Kingdom Could Become First Islamic Republic with Nuclear Weapons”

Israeli Prime Minister Benjamin Netanyahu called the United Kingdom an “Islamic republic” and reiterated his claim that it could become “the first Islamic republic with nuclear weapons.” The British government called his statements “absolutely unacceptable” and said it had raised the issue with Israeli authorities.

This statement was made on an Israeli Army Radio podcast, an episode of which was published on August 13, 2026. Speaking about the shift in attitudes toward Israel in the United Kingdom, Netanyahu used the phrase “Islamic Republic of Britain.” The host then asked him whether something similar was happening throughout Europe. The prime minister answered in the affirmative and cited a phrase previously used by someone else describing Britain as the future “first Islamic republic with nuclear weapons.”

However, the widely held interpretation that Netanyahu himself predicted Britain’s transformation into an Islamic nuclear republic is not entirely accurate. He did not present this phrase as his own prediction but explicitly stated that “someone had said” it. Israeli government spokesperson David Mencer later told the BBC that Netanyahu was referring to current U.S. Vice President J.D. Vance, who made a similar statement back in 2024.

Vance said at the time that the United Kingdom could become the first “truly Islamist country with nuclear weapons.” However, he himself made a caveat regarding Pakistan.

The very claim about the “first Islamic republic with nuclear weapons” is historically inaccurate. Pakistan is officially known as the Islamic Republic of Pakistan and has possessed nuclear weapons since the late 1990s.

London’s reaction was harsh. A British government spokesperson stated that Netanyahu’s comments were unacceptable and that this issue had already been raised during discussions with the Israeli side.

The remarks came amid deteriorating relations between Israel and a number of European countries. In the interview itself, the host broadened the question to include Europe as a whole, to which Netanyahu responded in the affirmative.

According to the latest assessment by the Stockholm International Peace Research Institute (SIPRI) Yearbook 2026, as of January 2026, nine states possessed or, as in the case of Israel, were considered to possess a total of approximately 12,187 nuclear warheads. About 9,745 of these were in military stockpiles and could potentially be used.

In order from the largest arsenal to the smallest:

Russia — about 5,459 warheads

United States — about 5,083

China—about 620

France—about 290

United Kingdom—about 225

India—about 190

Pakistan—about 170

Israel—about 90

North Korea—about 60

These are estimates of the total number of nuclear warheads, not just those deployed. The exact sizes of the arsenals are state secrets, so SIPRI emphasizes that the figures are approximate. Russia and the U.S. together continue to control about 86% of all nuclear warheads in the world.

China’s arsenal is growing particularly rapidly at the moment: SIPRI estimates it at approximately 620 warheads, up from 600 a year earlier. India has increased its estimated stockpile to 190, and North Korea, according to the institute’s assessment, may have assembled about 60 warheads and possesses fissile material for at least several dozen more.

The United Kingdom, at the center of the current diplomatic scandal, is estimated by SIPRI to have approximately 225 nuclear warheads. London has stopped publishing detailed data on the size of its operational nuclear stockpile, and British strategy provides for the possibility of increasing it.

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Number of millionaires in UK has fallen to its lowest level since 2008

The number of UK residents with a personal fortune of at least GBP1 million fell by 7% in 2025 to 442,000, according to calculations by the Adam Smith Institute. This is the lowest figure since the 2008 global financial crisis. Compared to the peak in 2021, when the country had approximately 1.07 million millionaires, their number has decreased by about 59%.

For the purposes of the study, a millionaire is defined as an adult resident of the United Kingdom with a net worth of at least GBP1 million in constant 2025 prices. The calculation includes real estate, pension savings, cash, and investments, net of debt.

The Institute attributes the decline primarily to a decrease in the real value of assets. Post-pandemic interest rate hikes have put pressure on the value of pension savings and high-priced real estate, particularly in London. An additional factor is the low savings rate among British households, which limits the accumulation of private capital.

The study’s authors cite the departure of wealthy residents and the UK’s declining appeal to foreign entrepreneurs and investors as another reason. The Institute points to high tax rates, the abolition of the former “non-dom” tax regime, and discussions regarding new taxes on wealth and capital gains.

Effective April 6, 2025, the UK replaced the “non-dom” tax system with a new regime based on tax residency. New residents who have not lived in the country for the previous ten years may, for the first four years, receive an exemption from UK tax on foreign income and capital gains. After this period ends, the general rules apply to them.

The Adam Smith Institute also emphasizes that its data are estimates. The UK does not have an up-to-date government registry of personal wealth, so the indicator is calculated based on data from the Office for National Statistics and statistical modeling. It primarily reflects the general trend in changes to private wealth, rather than the exact number of wealthy residents.

The Institute has called on British authorities to abandon plans to introduce a wealth tax, lower the capital gains tax, and review the tax treatment of wealthy foreign residents. According to its data, the top 1% of British earners account for 29.1% of income tax revenue.

 

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Trump Believes British Prime Minister Starmer May Resign

U.S. President Donald Trump has suggested that British Prime Minister Keir Starmer may resign as head of government following what he claims are failures on immigration policy and energy issues.

“Keir Starmer will resign as Prime Minister of the United Kingdom. He has suffered a major defeat on two very important issues—IMMIGRATION AND ENERGY (THE OPENING OF OIL FIELDS IN THE NORTH SEA!). I wish him all the best!” Trump said in a post published on the social media platform Truth Social.

As previously reported, Reuters noted that British Prime Minister Keir Starmer plans to announce his resignation on Monday and intends to present a clear timeline for his departure.

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UK Wants to Introduce Additional Tax on Foreign Owners of Luxury Homes

The UK is considering introducing an additional tax on non-residents who own high-value residential property in the country, according to the Financial Times.

This involves a potential surcharge on the already approved luxury home tax, which is set to take effect in April 2028. The new levy will apply to properties valued at £2 million or more. The UK Treasury refers to the proposed additional measure as the “oligarch tax” or the “non-resident surcharge.”

Under the basic scale of the new tax, owners of homes valued between £2 million and £2.5 million will pay an additional £2,500 annually. For properties valued at up to £3.5 million, the levy will be £3,500; for those up to £5 million, £5,000; and for properties valued at over £5 million, £7,500 per year.

Initially, authorities estimated that the new tax on luxury housing would generate approximately £430 million annually for the budget. However, the introduction of an additional surcharge for non-residents could increase revenue. According to The Times, foreign and international owners may account for 25–35% of the approximately 165,000 properties that could potentially be subject to the new levy.

British authorities link the initiative not only to the need to replenish the budget but also to an attempt to ease pressure on the housing market, particularly in London. The Treasury is examining the extent to which demand from foreign buyers affects property prices and housing affordability for British households.

The new tax is officially called the High Value Council Tax Surcharge. It will apply to residential properties in England valued at £2 million or more. The Valuation Office Agency will be responsible for assessing the properties, and the surcharge itself will be collected alongside council tax but will go to the central budget.

The British luxury real estate market has traditionally remained one of the key sectors for international investors. The highest concentration of high-end housing is found in London and the southeast of England. Market experts warn that the new tax could increase pressure on the segment of properties valued at around £2 million, as sellers and buyers will seek to avoid falling into the new tax bracket.

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