G7 leaders will issue a joint statement in October saying that "Russia's sovereign assets will remain immobilized until Russia ends its aggression and pays for the damage it has caused to Ukraine," according to the draft prepared by this year's chair,

The Group of Seven countries plan to keep the frozen Russian assets even after the end of the war in Ukraine. Source: Japanese publication Nikkei, citing several sources in the G7, including senior EU officials,

The UK government will give an extra £2.26bn ($2.93bn) to Ukraine, using the profits from seized Russian assets held in Europe. It forms Britain’s contribution to a £38bn ($50bn) fund announced in June by members of the G7 group of leading economies.