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Global Trade Alert

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United Kingdom: Approves loan to British Steel to cover emission allowances purchases

Description

On 1 May 2019, the Department for Business, Energy & Industrial Strategy announced the approval of a bridge facility to British steel having a seven per cent interest rate. The financing will cove...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 May 2019

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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Table

Affected Sectors

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Affected Products

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