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Global Trade Alert

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United Kingdom: National Wealth Fund provides funding to support the rollout of high-speed internet by Netomnia

Description

On 24 October 2024, the UK's National Wealth Fund (NWF) announced that it would lend GBP 25 million (USD 32.4 million) to internet service provider Netomnia to support its broadband rollout across the...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Oct 2024

Revocation date

No revocation date

Implementation level

NFI

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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