UKEF publishes its 2019-20 results and new Business Plan

UKEF publishes its 2019-20 results and new Business Plan. UK Government provided £4.4 billion in support for exporters across the country UK Export Finance (UKEF) has published its results for 2019 to 2020, revealing it provided £4.4 billion in support for UK exports, helping UK companies trade with 69 countries. UKEF supported 339 companies in 2019-20, up 29% on the previous year, with a sharp increase in companies in supply

Game-changing contract with UKEF

Teignbridge Propellers International, a word-leading manufacturer of propellers and stern gear, has won an export contract in Bangladesh worth more than £400,000 thanks to support from UK Export Finance, the UK’s export credit agency. The largest manufacturer of its kind in Europe, Teignbridge Propellers has seen phenomenal growth in the last 45 years, becoming a brand leader in propeller and propulsion equipment. Today, it exports around 80% of its products

UK Export Finance: Exporting in the Middle East

UK Export Finance: Exporting in the Middle East UK companies looking to grow their businesses overseas have long looked to the Middle East for trading partners. The Gulf region is rich in natural resources and linked to the UK by long historical trade relationships. In the four quarters to the end of Q2 2019, total UK exports to Gulf Cooperation Council (GCC) amounted to £27.9bn, accounting for 4.3% of all

Africa

UK Export Finance boost critical infrastructure projects in Africa

Financial support from UK Export Finance worth over a half a billion pounds unlocks deals in Ghana, Zambia, Gabon and Uganda for UK exporters. Support has led to UK contracts for six national infrastructure projects across Africa. Businesses supported come from across the UK and from a range of sectors. The International Trade Secretary, Liz Truss, announced today at the UK-Africa Investment Summit that UK Export Finance (UKEF) has provided

Solarcentury secures funding to build two major solar plants in Spain

£47.6 million financing guaranteed by UK Export Finance, in boost to UK solar exports UK-based solar energy company, Solarcentury, has secured new financing to build two of the largest solar plants in Spain demonstrating the UK’s leadership on climate change. UK Export Finance (UKEF), the UK’s export credit agency, has today (7 January 2019) guaranteed £47.6 million worth of financing for Solarcentury, in a boost to UK solar exports. Together,

Businesses that export grow twice as fast as those that do not

Research by Capital Economics for UK Export Finance shows that companies with only domestic customers grow less than those that export abroad With growing demand from overseas for British goods and services, UK companies should be capitalising on the opportunity to export. This is particularly the case with small to medium enterprises (SMEs) – the research shows that those which export outperform those which do not. Out of more than