Britian's promise to at least match this year’s £2.3bn military aid package to Ukraine next year (in 2023) will help alleviate the cost-of-living crisis, according to the culture secretary.
Michelle Donelan insisted the help would contribute towards decreasing UK fuel costs though did not reveal how the government will fund the support.
Liz Truss revealed overnight the nation would be equalling the support to Ukraine next year, with the UK being the second largest military donor to the country.
Financial aid has been used to buy rockets, other military equipment and air defence systems to fight off the Russian invasion.
Donelan said: "We believe it is fundamentally important that we're standing up for democracy, that we're continuing to protect Ukraine in their fight, that we're standing up for the rest of the world who needs to end their global dependence on Russia, which is one of the factors behind the increasing price in fuel.
"So this is actually going to help the cost of living of people, not just in the UK, but across the globe as well.
"And we hope that other countries will see what we're doing and follow our example.”
The culture secretary denied that the living crisis would force a rethink of the UK’s approach to the Ukraine war.
James Murray, the Treasury’s shadow financial secretary, however, raised some eyebrows as to whether the government has a solid plan for supporting Ukraine.
He said: "I think there does need to be a strategy as well - alongside pledges of money and support - that needs to be a long-term strategy.
"And that includes, of course, a plan for energy in the UK because Putin is using energy as a weapon.”
Murray went on to add that the government must focus on getting the British people through "the difficult months ahead."
Shares in weapons company BAE Systems rose 0.6% to 769p.