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.