Callum Anderson

The UK Government Resilience Action Plan is underpinned by well-established Cabinet Office governance structures, including the National Security Council (Resilience), which oversee the implementation and delivery of resilience matters across UK government.

The action plan announced new assurance measures to raise resilience standards across government, refreshed expectations for Lead Government Departments will clarify roles and responsibilities, and the UK Resilience Academy will convene expert panels to scrutinise government plans and preparedness for whole-system civil emergencies.

The Cabinet Office will continue to report on resilience progress with an annual statement to Parliament on resilience.

The UK Government Resilience Action Plan is underpinned by well-established Cabinet Office governance structures, including the National Security Council (Resilience), which oversee the implementation and delivery of resilience matters across UK government.

The action plan announced new assurance measures to raise resilience standards across government, refreshed expectations for Lead Government Departments will clarify roles and responsibilities, and the UK Resilience Academy will convene expert panels to scrutinise government plans and preparedness for whole-system civil emergencies.

The Cabinet Office will continue to report on resilience progress with an annual statement to Parliament on resilience.

The UK Government Resilience Action Plan is underpinned by well-established Cabinet Office governance structures, including the National Security Council (Resilience), which oversee the implementation and delivery of resilience matters across UK government.

The action plan announced new assurance measures to raise resilience standards across government, refreshed expectations for Lead Government Departments will clarify roles and responsibilities, and the UK Resilience Academy will convene expert panels to scrutinise government plans and preparedness for whole-system civil emergencies.

The Cabinet Office will continue to report on resilience progress with an annual statement to Parliament on resilience.

The National Security and Investment (NSI) Act 2021 gives the Government power to scrutinise and intervene in acquisitions that may pose threats to national security, whilst also supporting secure and resilient growth. All sectors are within scope of the NSI Act, with acquisitions of entities related to 17 sensitive areas of the economy having to notify and receive approval from the Government before the acquisition can be completed.

The Government is taking a number of steps to ensure the continued effectiveness of the NSI Act.

• The previous Government published a Call for Evidence in November 2023 and a response in April 2024. The Call for Evidence sought feedback from a wide range of stakeholders on the scope of the regime, the notification process and Government guidance and comms. The Government is currently considering its next steps, drawing on responses received.

• The Government will review and produce a report on the mandatory notification areas under the NSI Act, as required by section 4 of the Notifiable Acquisitions Regulations 2021, before January 2025.

• The Government will complete a Post-Implementation Review, as committed to in the NSI Act Impact Assessment, evaluating the effectiveness of the NSI Act. This is expected to be published in 2026.

• The Government regularly engages with stakeholders on the NSI Act, including speaking events, meetings and feedback exercises.

The Government has published extensive guidance for businesses and investors. The NSI Act Market Guidance sets out what businesses and investors, including small and medium-sized businesses, need to be aware of and is available on GOV.UK. The guidance is kept under review to ensure it remains up to date.

The “National Security & Investment Act 2021: Annual Report 2023-2024” published in September shows that the NSI system is continuing to run well and as intended. It demonstrates that we have the powers to protect sensitive sectors whilst continuing to support investment. Analysis to date has not found evidence of the Act affecting the total volume of investment into the UK.

The UK’s approach to investment screening is in line with many other countries, including our close allies. We continue to work closely with international partners to draw on global best practice.

The National Security and Investment (NSI) Act 2021 gives the Government power to scrutinise and intervene in acquisitions that may pose threats to national security, whilst also supporting secure and resilient growth. All sectors are within scope of the NSI Act, with acquisitions of entities related to 17 sensitive areas of the economy having to notify and receive approval from the Government before the acquisition can be completed.

The Government is taking a number of steps to ensure the continued effectiveness of the NSI Act.

• The previous Government published a Call for Evidence in November 2023 and a response in April 2024. The Call for Evidence sought feedback from a wide range of stakeholders on the scope of the regime, the notification process and Government guidance and comms. The Government is currently considering its next steps, drawing on responses received.

• The Government will review and produce a report on the mandatory notification areas under the NSI Act, as required by section 4 of the Notifiable Acquisitions Regulations 2021, before January 2025.

• The Government will complete a Post-Implementation Review, as committed to in the NSI Act Impact Assessment, evaluating the effectiveness of the NSI Act. This is expected to be published in 2026.

• The Government regularly engages with stakeholders on the NSI Act, including speaking events, meetings and feedback exercises.

The Government has published extensive guidance for businesses and investors. The NSI Act Market Guidance sets out what businesses and investors, including small and medium-sized businesses, need to be aware of and is available on GOV.UK. The guidance is kept under review to ensure it remains up to date.

The “National Security & Investment Act 2021: Annual Report 2023-2024” published in September shows that the NSI system is continuing to run well and as intended. It demonstrates that we have the powers to protect sensitive sectors whilst continuing to support investment. Analysis to date has not found evidence of the Act affecting the total volume of investment into the UK.

The UK’s approach to investment screening is in line with many other countries, including our close allies. We continue to work closely with international partners to draw on global best practice.

The National Security and Investment (NSI) Act 2021 gives the Government power to scrutinise and intervene in acquisitions that may pose threats to national security, whilst also supporting secure and resilient growth. All sectors are within scope of the NSI Act, with acquisitions of entities related to 17 sensitive areas of the economy having to notify and receive approval from the Government before the acquisition can be completed.

The Government is taking a number of steps to ensure the continued effectiveness of the NSI Act.

• The previous Government published a Call for Evidence in November 2023 and a response in April 2024. The Call for Evidence sought feedback from a wide range of stakeholders on the scope of the regime, the notification process and Government guidance and comms. The Government is currently considering its next steps, drawing on responses received.

• The Government will review and produce a report on the mandatory notification areas under the NSI Act, as required by section 4 of the Notifiable Acquisitions Regulations 2021, before January 2025.

• The Government will complete a Post-Implementation Review, as committed to in the NSI Act Impact Assessment, evaluating the effectiveness of the NSI Act. This is expected to be published in 2026.

• The Government regularly engages with stakeholders on the NSI Act, including speaking events, meetings and feedback exercises.

The Government has published extensive guidance for businesses and investors. The NSI Act Market Guidance sets out what businesses and investors, including small and medium-sized businesses, need to be aware of and is available on GOV.UK. The guidance is kept under review to ensure it remains up to date.

The “National Security & Investment Act 2021: Annual Report 2023-2024” published in September shows that the NSI system is continuing to run well and as intended. It demonstrates that we have the powers to protect sensitive sectors whilst continuing to support investment. Analysis to date has not found evidence of the Act affecting the total volume of investment into the UK.

The UK’s approach to investment screening is in line with many other countries, including our close allies. We continue to work closely with international partners to draw on global best practice.

The National Security and Investment (NSI) Act 2021 gives the Government power to scrutinise and intervene in acquisitions that may pose threats to national security, whilst also supporting secure and resilient growth. All sectors are within scope of the NSI Act, with acquisitions of entities related to 17 sensitive areas of the economy having to notify and receive approval from the Government before the acquisition can be completed.

The Government is taking a number of steps to ensure the continued effectiveness of the NSI Act.

• The previous Government published a Call for Evidence in November 2023 and a response in April 2024. The Call for Evidence sought feedback from a wide range of stakeholders on the scope of the regime, the notification process and Government guidance and comms. The Government is currently considering its next steps, drawing on responses received.

• The Government will review and produce a report on the mandatory notification areas under the NSI Act, as required by section 4 of the Notifiable Acquisitions Regulations 2021, before January 2025.

• The Government will complete a Post-Implementation Review, as committed to in the NSI Act Impact Assessment, evaluating the effectiveness of the NSI Act. This is expected to be published in 2026.

• The Government regularly engages with stakeholders on the NSI Act, including speaking events, meetings and feedback exercises.

The Government has published extensive guidance for businesses and investors. The NSI Act Market Guidance sets out what businesses and investors, including small and medium-sized businesses, need to be aware of and is available on GOV.UK. The guidance is kept under review to ensure it remains up to date.

The “National Security & Investment Act 2021: Annual Report 2023-2024” published in September shows that the NSI system is continuing to run well and as intended. It demonstrates that we have the powers to protect sensitive sectors whilst continuing to support investment. Analysis to date has not found evidence of the Act affecting the total volume of investment into the UK.

The UK’s approach to investment screening is in line with many other countries, including our close allies. We continue to work closely with international partners to draw on global best practice.

The National Security and Investment (NSI) Act 2021 gives the Government power to scrutinise and intervene in acquisitions that may pose threats to national security, whilst also supporting secure and resilient growth. All sectors are within scope of the NSI Act, with acquisitions of entities related to 17 sensitive areas of the economy having to notify and receive approval from the Government before the acquisition can be completed.

The Government is taking a number of steps to ensure the continued effectiveness of the NSI Act.

• The previous Government published a Call for Evidence in November 2023 and a response in April 2024. The Call for Evidence sought feedback from a wide range of stakeholders on the scope of the regime, the notification process and Government guidance and comms. The Government is currently considering its next steps, drawing on responses received.

• The Government will review and produce a report on the mandatory notification areas under the NSI Act, as required by section 4 of the Notifiable Acquisitions Regulations 2021, before January 2025.

• The Government will complete a Post-Implementation Review, as committed to in the NSI Act Impact Assessment, evaluating the effectiveness of the NSI Act. This is expected to be published in 2026.

• The Government regularly engages with stakeholders on the NSI Act, including speaking events, meetings and feedback exercises.

The Government has published extensive guidance for businesses and investors. The NSI Act Market Guidance sets out what businesses and investors, including small and medium-sized businesses, need to be aware of and is available on GOV.UK. The guidance is kept under review to ensure it remains up to date.

The “National Security & Investment Act 2021: Annual Report 2023-2024” published in September shows that the NSI system is continuing to run well and as intended. It demonstrates that we have the powers to protect sensitive sectors whilst continuing to support investment. Analysis to date has not found evidence of the Act affecting the total volume of investment into the UK.

The UK’s approach to investment screening is in line with many other countries, including our close allies. We continue to work closely with international partners to draw on global best practice.

The National Security and Investment (NSI) Act 2021 gives the Government power to scrutinise and intervene in acquisitions that may pose threats to national security, whilst also supporting secure and resilient growth. All sectors are within scope of the NSI Act, with acquisitions of entities related to 17 sensitive areas of the economy having to notify and receive approval from the Government before the acquisition can be completed.

The Government is taking a number of steps to ensure the continued effectiveness of the NSI Act.

• The previous Government published a Call for Evidence in November 2023 and a response in April 2024. The Call for Evidence sought feedback from a wide range of stakeholders on the scope of the regime, the notification process and Government guidance and comms. The Government is currently considering its next steps, drawing on responses received.

• The Government will review and produce a report on the mandatory notification areas under the NSI Act, as required by section 4 of the Notifiable Acquisitions Regulations 2021, before January 2025.

• The Government will complete a Post-Implementation Review, as committed to in the NSI Act Impact Assessment, evaluating the effectiveness of the NSI Act. This is expected to be published in 2026.

• The Government regularly engages with stakeholders on the NSI Act, including speaking events, meetings and feedback exercises.

The Government has published extensive guidance for businesses and investors. The NSI Act Market Guidance sets out what businesses and investors, including small and medium-sized businesses, need to be aware of and is available on GOV.UK. The guidance is kept under review to ensure it remains up to date.

The “National Security & Investment Act 2021: Annual Report 2023-2024” published in September shows that the NSI system is continuing to run well and as intended. It demonstrates that we have the powers to protect sensitive sectors whilst continuing to support investment. Analysis to date has not found evidence of the Act affecting the total volume of investment into the UK.

The UK’s approach to investment screening is in line with many other countries, including our close allies. We continue to work closely with international partners to draw on global best practice.

The National Security and Investment (NSI) Act 2021 gives the Government power to scrutinise and intervene in acquisitions that may pose threats to national security, whilst also supporting secure and resilient growth. All sectors are within scope of the NSI Act, with acquisitions of entities related to 17 sensitive areas of the economy having to notify and receive approval from the Government before the acquisition can be completed.

The Government is taking a number of steps to ensure the continued effectiveness of the NSI Act.

• The previous Government published a Call for Evidence in November 2023 and a response in April 2024. The Call for Evidence sought feedback from a wide range of stakeholders on the scope of the regime, the notification process and Government guidance and comms. The Government is currently considering its next steps, drawing on responses received.

• The Government will review and produce a report on the mandatory notification areas under the NSI Act, as required by section 4 of the Notifiable Acquisitions Regulations 2021, before January 2025.

• The Government will complete a Post-Implementation Review, as committed to in the NSI Act Impact Assessment, evaluating the effectiveness of the NSI Act. This is expected to be published in 2026.

• The Government regularly engages with stakeholders on the NSI Act, including speaking events, meetings and feedback exercises.

The Government has published extensive guidance for businesses and investors. The NSI Act Market Guidance sets out what businesses and investors, including small and medium-sized businesses, need to be aware of and is available on GOV.UK. The guidance is kept under review to ensure it remains up to date.

The “National Security & Investment Act 2021: Annual Report 2023-2024” published in September shows that the NSI system is continuing to run well and as intended. It demonstrates that we have the powers to protect sensitive sectors whilst continuing to support investment. Analysis to date has not found evidence of the Act affecting the total volume of investment into the UK.

The UK’s approach to investment screening is in line with many other countries, including our close allies. We continue to work closely with international partners to draw on global best practice.

Although the Department for Business and Trade has made no such specific assessment, it continuously monitors the impact of leaving the EU on costs to businesses across the UK through our business surveys, ONS reports, and other intelligence sources, as well as through regular direct engagement with exporters. The Trade and Cooperation Agreement allows UK businesses to access the EU market and the EU-UK summit earlier this year identified areas where this can be enhanced.

Alongside this, DBT continues to offer a range of support for SMEs, with our Small Business Plan setting out the most comprehensive package of support for SMEs in a generation. This includes Unlock Europe, a programme from UK Export Academy designed to help businesses build relationships with European customers and increase exporting potential to the EU.

I visited Brazil in September 2025 with the objective of strengthening our two-way trade. I signed agreements on customs, good regulatory practices and export credit aimed at tackling non-tariff barriers. I also progressed discussions on digital trade, mutual recognition arrangements and clean energy cooperation, which are referenced as non-tariff priorities for the UK’s relationship with Brazil in the UK’s new Trade Strategy. I also urged Brazil to ratify the Double Taxation Agreement.

This built on discussions that former DBT Secretary of State, The Rt Hon Jonathan Reynolds MP, had with his Brazilian counterpart last year, when they both committed to identifying ways to boost two-way trade by tackling non-tariff barriers.

The UK’s new Industrial Strategy sets out ambitious plans for eight growth-driving sectors - Advanced Manufacturing, Clean Energy Industries, Creative Industries, Defence, Digital and Technologies, Financial Services, Life Sciences, and Professional and Business Services. I am keen to integrate the Industrial Strategy with the Trade Strategy so as to build export markets for our key growing sectors.

These sectors are also the focus of my department’s work with Brazil. The Department’s new Ricardo Fund – announced in the Trade Strategy – is funding interventions on Offshore Wind and in the Life Sciences sector to help create new opportunities for UK exporters, and I signed agreements on customs and regulatory cooperation aimed at boosting UK exports on my recent visit to Brazil, where I met with several UK businesses who are keen to expand their work in the country.

Following the landmark economic deal with the US which we signed in May, we are continuing talks on a wider UK-US Economic Deal which will look at addressing specific non-tariff barriers, increasing digital trade, and unlocking new commercial opportunities that benefit both nations.

We cannot comment on the specifics of live negotiations, but we are discussing mutual recognition agreements. We will only make any mutual recognition agreements if we believe they benefit UK businesses.

UK companies and investors experience relatively few barriers to investment in Singapore. At the end of 2023, the stock of Foreign Direct Investment from the UK in Singapore was £15.9 billion, a 23% increase on the end of 2022.

UK investors can benefit from provisions in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, which provides guarantees on market access and treatment they will receive when accessing and operating in Singapore. This includes ensuring that they are not discriminated against relative to domestic investors.

The Government continues to invite business views and feedback regarding any potential barriers.

We have identified the following challenges: in healthcare, complex regulatory approval processes for medicines and medical devices; in automotive, certification requirements, consumption taxes and tariffs; and in professional services firms face restrictions on business operations, onerous licencing, data localisation requirements, and limited recognition of qualifications. We regularly raise market access issues with Chinese authorities through diplomatic channels and ministerial engagements, including during the Secretary of State's recent visit to China.

While there is no immediate plan to introduce statutory pay transparency requirements for employers, we are currently considering responses to a Call for Evidence on equality law which included questions on this theme. We recognise that reforms introduced in other jurisdictions are prompting constructive debate around how best to include transparency in recruitment and pay systems. We are considering the full range of evidence and remain committed to identifying solutions that balance meaningful progress with the need to minimise unnecessary burdens on employers.

While there is no immediate plan to introduce statutory pay transparency requirements for employers, we are currently considering responses to a Call for Evidence on equality law which included questions on this theme. We recognise that reforms introduced in other jurisdictions are prompting constructive debate around how best to include transparency in recruitment and pay systems. We are considering the full range of evidence and remain committed to identifying solutions that balance meaningful progress with the need to minimise unnecessary burdens on employers.

The Department for Business and Trade is undertaking a review to simplify and streamline the UK’s non-financial reporting framework. When considering what reporting can be simplified and removed whether the disclosure leads to decision-useful information for investors and other stakeholders will be key. It will also be important that the reformed framework places a proportionate burden on business. We will consult on reforms in due course.

The Government is supporting SMEs across the country, including in Buckingham and Bletchley, by investing £1.2 billion annually in skills by 2028-29 as set out in the Spring Budget. Through Skills England and the new Growth and Skills levy, we are making it easier for SMEs to access training, tackle barriers to engagement, and benefit from employer incentives. Our reforms to apprenticeships and technical qualifications, including foundation apprenticeships and employer incentive payments, will further support SMEs to recruit, train, and develop the skilled workforce they need.

Earlier this year, the Prime Minister announced that government will cut administrative costs of regulation to all business, including SMEs, by 25% by the end of this Parliament. We are working across government to deliver this target to make it easier to do business in the UK. The target focuses on reducing the overall burden of regulation rather than the number of regulations. Whilst there is no SME-specific target, we will be considering where regulation has a disproportionate impact upon SMEs and should be removed, supporting the aims of the plan for Small and Medium sized Businesses.

Impact assessments are generally required for all the Government’s interventions of a regulatory nature that affect the private sector and-or civil society organisation or public services. The Better Regulation Framework requires regulatory provisions with impacts on business of greater than +/-£10 million to be accompanied by a final impact assessment which is laid before Parliament alongside the regulations. These assessments consider the impact on small businesses, explore whether such businesses need to be in scope and identify mitigations for the additional burden.

The government has committed to cut the administrative costs of regulation to business by 25% by the end of this Parliament. By focusing on reducing administrative costs, we will ensure that regulations achieve their policy objectives in the most efficient way possible with the lowest possible costs to business. My department is working across government to support delivery of this target and make businesses’ lives easier, including SMEs who represent the majority of businesses and are foundational to our economy.

The Government has published its Small Business Plan (Backing your Business) in July 2025. We are delivering the most comprehensive package of support for SMEs in a generation.

We have also committed to funding for the 41 Growth Hubs across England which help start-up businesses and entrepreneurs to unlock their potential through bespoke support and resources.

Buckingham and Bletchley is served by Buckinghamshire Business First and the South Midlands Growth Hubs who issue business support grants to SMEs in their area.

The Department for Business and Trade does not hold statistics that cover the full range of Govt-funded business support at constituency level.

The Government has published its Small Business Plan (Backing your Business) in July 2025. We are delivering the most comprehensive package of support for SMEs in a generation.

We have also committed to funding for the 41 Growth Hubs across England which help start-up businesses and entrepreneurs to unlock their potential through bespoke support and resources.

Buckingham and Bletchley is served by Buckinghamshire Business First and the South Midlands Growth Hubs who issue business support grants to SMEs in their area.

The Department for Business and Trade does not hold statistics that cover the full range of Govt-funded business support at constituency level.

The Government is committed to engaging with and supporting small businesses across the UK through the transition to net zero.

DBT has recently announced the British Industrial Competitiveness Scheme which will reduce electricity costs for over 7,000 electricity-intensive businesses and reform the grid connections process.

DESNZ will publish its response later this year to the September 2024 consultation on introducing a regulatory regime for the third-party intermediary (TPI) market. TPIs, such as energy brokers, play a prominent role in how SMEs secure contracts for the energy usage.

The Department for Business and Trade monitors the level of SME participation in our procurement through contract award data via a live commercial dashboard which captures supplier type and specifically whether a supplier qualifies as an SME. DBT will publish SME spend data annually (in line with Procurement Policy Note 001). Strategies for high value spend are scrutinised by the department's Commercial Approvals and Assurance Group which challenges teams on whether proposed contracts are sufficiently accessible for SMEs.

The commercial team will present bi-annual progress updates against the department's SME spend target to the Minister for Small Businesses.

The economic impacts of increased access to capital are modelled by the British Business Bank drawing on independent evaluation evidence. The Bank models impact on job creation and economic output in the form of incremental gross value added (GVA).

Over its first decade to 2023/24, the Bank has supported more than 200,000 businesses with an estimated boost to UK economic output of approximately £43 billion over the lifetime of their finance.

The 24,000 businesses newly funded by the Bank in 2024/25 are expected to increase UK economic output by a further £8 billion and create 38,000 jobs over the lifetime of their finance.

Where possible, finance facilitated by the British Business Bank is mapped to a postcode level. Much of this data is published: for instance, the number and value of Start Up Loans data is published on the BBB website every quarter. Geographic data is also used in the evaluations of BBB programmes and on reporting on the BBB’s overall KPI of deployment of finance outside of London.

In addition to publishing data on its own programmes, the BBB also publishes reports which highlight geographic patterns observed in UK small business finance. For example, the BBB's annual Small Business Finance Markets report and the annual Nations and Regions Tracker which is next due to be published in October 2025.

DBT offers a range of support for SME’s, with the recent Small Business Plan unlocking billions of pounds in finance to support businesses to invest and revitalising the High Street as a place to do business. The new online Business Growth Service will deliver support for Digital Adoption and AI to unlock business potential. And our Trade Strategy offers a more targeted approach to export support, including the launch of the Ricardo Fund to help UK regulators remove regulatory barriers for businesses trading abroad.

DBT has a robust monitoring and evaluation framework in place for export support and the Trade Strategy. The data will be published in DBT's Annual Report.

The Department has not undertaken a further economic impact assessment following the launch of the DCTS. The Scheme provides UK businesses with the opportunity to diversify supply chains and reduce import costs by sourcing from DCTS countries, which benefit from duty-free access on an average of 94% of goods exported to the UK. We routinely monitor trade flows and utilisation of the Scheme, which shows that over £16 billion in UK imports has benefitted from tariff savings since the DCTS launched in June 2023. We also welcome feedback from businesses and beneficiaries on the operation of the Scheme.

The Department has not undertaken a quantitative assessment of the future long-term tariff revenue impact of the DCTS. Before launching the DCTS, the Department estimated based on historical trade patterns, annual tariff savings of up to £770 million to UK imports, benefitting UK businesses and consumers.  The Scheme's primary objective is to support trade-led growth and poverty reduction in developing countries. Any long-term impact on UK tariff revenue is expected to be modest and proportionate to the development benefits it delivers.

We are committed to our trading relationships across the continent of Africa, founded on partnerships and respect, to deliver mutual long-term benefit. Recent UK-Africa consultations demonstrated that African partners want increased trade with countries like the UK, and within the continent. Trade has the potential to drive growth. The UK provides duty-free, or virtually duty-free, market access for goods from 48 countries in Africa through our Developing Countries Trading Scheme (DCTS) and network of Economic Partnership Agreements. The UK also continues to support African partners to boost intra-African trade and prosperity through the African Continental Free Trade Area Agreement.

The Developing Countries Trading Scheme entered into force in June 2023 following thorough consultation and analysis. This included consultation with private sector stakeholders on UK market sensitivities. Seasonal tariffs were subsequently removed for four products (strawberries, cucumbers, artichokes, and wilkings) for imports from Enhanced Preferences countries. Where there is a risk to UK competitiveness, tariffs have been retained. The Government keeps trade preferences under review and may amend them in line with strategic trade priorities.

UK Export Finance (UKEF) support is conditional on the inclusion of UK content. This should usually be at least 20% of the portion of the support provided by UKEF. In this instance, UKEF has issued a guarantee to commercial lenders to help secure new export opportunities for the UK, which in turn support jobs across the UK, both in those businesses with which the project contracts directly, and in their supply chains. While there will be significant UK content, above the 20% threshold, we cannot comment on individual contracts for reasons of commercial sensitivity.

UKEF support is based on confirmed contracts for the provision of specialised services and components to support the construction project. UKEF is aware of several UK sub-contractors who are bidding for roles within the various construction contracts , but such selection is an ongoing process throughout the build phase.

UK Export Finance (UKEF) support is conditional on the inclusion of UK content. This should usually be at least 20% of the portion of the support provided by UKEF. In this instance, UKEF has issued a guarantee to commercial lenders to help secure new export opportunities for the UK, which in turn support jobs across the UK, both in those businesses with which the project contracts directly, and in their supply chains. While there will be significant UK content, above the 20% threshold, we cannot comment on individual contracts for reasons of commercial sensitivity.

UKEF support is based on confirmed contracts for the provision of specialised services and components to support the construction project. UKEF is aware of several UK sub-contractors who are bidding for roles within the various construction contracts , but such selection is an ongoing process throughout the build phase.

The Department for Business and Trade (DBT) tracks UK investment in various ways, including through its global network and central platform, DataHub, which monitors all Office for Investment (OfI) projects. This includes investments announced on 11 July during the UK-France Summit and the UK-France Industrial Strategy Partnership.