UK Export Finance

(asked on 15th January 2015) - View Source

Question

To ask the Secretary of State for Business, Innovation and Skills, how much UK Export Finance has spent on advertising in each year since 2010.


Answered by
Matt Hancock Portrait
Matt Hancock
This question was answered on 9th February 2015

UK Export Finance records spending on all activities associated with the promotion of UK Export Finance, including advertising, marketing, attendance at exhibitions etc, as Business Promotion or Marketing.

The table below shows the amount spent by UK Export Finance on these activities in each financial year since 2010/11. Spend has increased in recent years as UK Export Finance seeks to raise awareness of its services particularly amongst smaller businesses following the introduction of products targeted at the smaller exporter in 2011.

2010/11

2011/12

2012/13

2013/14

2014/15 to date

Spend (£)

19,395

41,915

27,958

377,434

801,341

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