Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what progress the Government has made on the introduction of a Home Shipbuilding Credit Guarantee Scheme that was due to be launched in spring 2022.
The Home Shipbuilding Credit Guarantee is one of my key priorities for early delivery now that the new Government is in place. I will be bringing forward our specific proposals for the scheme to my Whitehall colleagues shortly with a view to launching a scheme this calendar year.