Date

30 July 2023

Related countries

United Kingdom

Further information

External link

(PES Media, Rochester, 5 July 2023) UK Export Finance (UKEF) has published its annual results for 2022-23, which show the government’s export credit agency provided £3.5bn in new, direct support for UK manufacturing exporters in the last 12 months. The financing has directly supported up to 34,000 jobs in the sector. Overall, UKEF provided £6.5bn in new direct support to UK exporters in 2022-23. The financing, provided through loans, guarantees and insurance policies. UKEF spent £1.1bn supposedly supporting the UK construction sector last year.