Global Trade Alert
Global Trade Alert

United Kingdom: Doubled financing for UKEF

Announcement

23 Nov 2016

On 23 November 2016, the Chancellor of the Exchequer announced in the 2016 Autumn Statement measures to increase the export financing exposure of the United Kingdom.

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Number of interventions

2

0 certainly harmful

2 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Updated: 23 Nov 2016
Local content incentive

According to a media report (cf. Sources), UKEF provides loans under the condition that at least 25% of the loan is targeted to support British jobs.

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Updated: 23 Nov 2016
Trade finance

The chancellor announced the doubling of UKEF's "risk appetite" to 5 billion GBP (cf. Autumn Statement). According to an official explanation of the Autumn Statement by UKEF, this means also that U...

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