Shipbuilding: Trade Competitiveness

(asked on 14th June 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department has plans to develop new financial support packages to help support UK shipyards to compete internationally.


Answered by
Lee Rowley Portrait
Lee Rowley
This question was answered on 21st June 2022

The Department for Business, Energy and Industrial Strategy is developing proposals for a Home Shipbuilding Loan Guarantee instrument as part of the cross-Whitehall National Shipbuilding Strategy. We hope to launch this instrument shortly.

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