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Global Trade Alert

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United Kingdom: UK Infrastructure Bank provides funding to support the deployment of full-fiber high-speed internet by broadband company Nexfibre

Description

On 17 July 2023, the UK Infrastructure Bank announced a debt financing of GBP 250 million (USD 327.3 million) to Nexfibre to support its roll-out of full-fibre broadband across the UK. The financing w...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Jul 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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