UKEF reveals £8.8bn government support for UK firms in 2023/24

(Insider Media, Manchester, 1 August 2024) Businesses across the UK benefited from £8.8bn of funding support underwritten by UK Export Finance (UKEF) in the 2023/24 financial year. As the UK government’s export credit agency, UKEF provides loans, guarantees and insurance to help businesses sell their products around the world. The agency's support in the last financial year enabled 650 UK companies to win or undertake export contracts – an average of almost two businesses securing export financing every day of the year. Businesses across the UK benefited from £8.8bn of funding support underwritten by UK Export Finance (UKEF) in the 2023/24 financial year.