Support £12.5bn of new export contracts by 2029
“By 2029, UKEF aims to support UK firms to win over £12.5 billion of new export contracts through its export finance offer.”
- Promised
Where it stands
UK Export Finance (UKEF) is the government's export credit agency. The release, about a £150,000 trade loan to an Exeter boat maker, says UKEF provided over £11 billion in loans, guarantees and insurance in the last financial year; it does not say from when contracts count towards the £12.5 billion. 2029 is read as the end of 2029. The card moves when UKEF reports the value of contracts it has supported.
What has happened
- Oct 2026UK Export Finance says it aims to support UK firms to win over £12.5 billion of new export contracts by 2029, Promised
- Dec 2029Over £12.5 billion of new export contracts supported by UK Export Finance due by 2029, Deadline
About the cost
The £12.5 billion is the value of export contracts UK firms win, not public spending. No cost has been published.
More detail
How cards are checked
Status follows the promise standard, the same for every party. A status changes only on evidence. Anyone named on a card can reply, and replies are published next to it. AI Journalist is our automated reviewer: it re-reads every card against its live sources (the quote word for word, dates, evidence, status, cost, neutral wording, legal risk). An editor, Pavel Guzhikov, then checks each card against its sources and approves it.
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