Global Trade Alert
Global Trade Alert

UK: Budget 2018 announces UKEF increased spending on export support and other financing

Announcement

29 Oct 2018

On 29 October 2018, the United Kingdom issued the 2018 Budget. In this context, UKEF's direct spending capacity was increased.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

01 Apr 2020

Revocation date:

No revocation date

Financial assistance in foreign market

On 29 October 2018, the United Kingdom announced in its 2018 budget that UK Export Finance's (UKEF) spending would be increased with GBP 1 billion per annum for the financial years 2020/2021 and 2021/...

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Trade finance

On 29 October 2018, the United Kingdom announced in its 2018 budget that UK Export Finance's (UKEF) direct lending capacity will be increased from GBP 3 billion (approx. USD 3.9 billion) covering the ...

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