Question to the Department for International Trade:

To ask the Secretary of State for International Trade, what assessment her Department has made of the effectiveness of UK Export Finance in supporting UK businesses.

British businesses have been helped to export to 61 countries around the world over the past year with £7.4 billion of government support through UK Export Finance – providing a significant boost to jobs and the UK economy.

This support has helped 545 companies directly (of whom 81% were small and medium sized enterprises), and thousands more indirectly in supply chains. During that year, UK Export Finance supported around 72,000 UK jobs. UK Export Finance provided £33 billion of support to UK exporters during the period 2017/18 to 2021/22. UK Export Finance was recently named the world’s best ECA at the International TFG Trade Awards 2022.