Dec. 11 2024
Source Page: UK Export Finance: spending over £500 on a GPC, November 2024Found: UK Export Finance: spending over £500 on a GPC, November 2024
Dec. 17 2024
Source Page: Rolls-Royce’s Edward Prince to join UK Export Finance Executive TeamFound: Rolls-Royce’s Edward Prince to join UK Export Finance Executive Team
Oct. 31 2024
Source Page: UK approves use of export finance to secure critical mineralsFound: UK approves use of export finance to secure critical minerals
Asked by: Gregory Campbell (Democratic Unionist Party - East Londonderry)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, if he will publish the (a) guarantees, (b) insurance policies and (c) loans issued by UK Export Finance to businesses in Northern Ireland in 2024.
Answered by Gareth Thomas - Parliamentary Under Secretary of State (Department for Business and Trade)
UK Export Finance (UKEF) produces audited details of businesses supported each financial year as part of its transparency protocols.
Details of all UKEF support for businesses for 2023/24 and previous years can be found online at: www.gov.uk/government/collections/uk-export-finance-business-supported
The corresponding return of all businesses supported during financial year 2024/25 will be published in the summer.
UKEF does not publish a breakdown by UK nations and regions.
Asked by: Gregory Campbell (Democratic Unionist Party - East Londonderry)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, if he will list the support offered to businesses in Northern Ireland by UK Export Finance in 2024.
Answered by Gareth Thomas - Parliamentary Under Secretary of State (Department for Business and Trade)
UKEF offers its full range of products and services to exporters across the UK, including Northern Ireland. Full details of the UKEF’s product and support offering can be found online at: www.ukexportfinance.gov.uk/products-and-services/.
UKEF also has a network of Export Finance Managers across the UK who are valuable points of contact for local businesses and can provide information on the range of support available. Contact details for the EFMs can be found at: www.gov.uk/government/publications/find-an-export-finance-manager.
Oct. 21 2024
Source Page: UK Export Finance: spending over £500 on a GPC, September 2024Found: UK Export Finance: spending over £500 on a GPC, September 2024
Asked by: Gregory Campbell (Democratic Unionist Party - East Londonderry)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, how many times the Export Finance Manager responsible for Northern England, Scotland and Northern Ireland visited Northern Ireland in 2024.
Answered by Gareth Thomas - Parliamentary Under Secretary of State (Department for Business and Trade)
UK Export Finance (UKEF) has a dedicated Export Finance Manager (EFM) based in, and visiting businesses all around, Northern Ireland since 2012, along with Regional Heads who oversee the work of clusters of EFMs.
UKEF does not provide information about individual officials who are not senior civil servants.
Correspondence Mar. 17 2025
Committee: Public Accounts CommitteeFound: Letter from the Secretary of State for Business and Trade relating to UK Export Finance for Thales UK
Asked by: John Hayes (Conservative - South Holland and The Deepings)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, for what purposes UK Export Finance has used artificial intelligence in the last 12 months.
Answered by Gareth Thomas - Parliamentary Under Secretary of State (Department for Business and Trade)
Artificial Intelligence (AI) is at the heart of the Government’s plan to kickstart an era of economic growth, transform how we deliver public services, and boost living standards for working people across the country.
UK Export Finance (UKEF) is currently exploring various scenarios and use cases where AI can assist the department. This involves conducting internal trials and learning
exercises to better understand AI's potential. Throughout this process, UKEF remains committed to adhering to the government's AI policy and guidance.
Asked by: Lee Dillon (Liberal Democrat - Newbury)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, whether UK Export Finance is taking steps to support companies in Newbury constituency sell their goods and services overseas.
Answered by Gareth Thomas - Parliamentary Under Secretary of State (Department for Business and Trade)
Businesses based in Newbury can take advantage of the range of products that UK Export Finance provides to facilitate exporting, including loan guarantee and insurance facilities.
In 2023/24 alone, UKEF provided £8.8 billion support to help UK businesses sell their goods and services overseas.
Businesses in Newbury and across the country may also want to consider other support for exporting that is available from the Department for Business and Trade, such as our network of International Trade Advisers and guidance on GREAT.GOV.UK.
To obtain further information about the range of support available, businesses in Newbury can reach out to their local Export Finance Manager, for whom contact details are available at: www.gov.uk/government/publications/find-an-export-finance-manager.