British businesses have been helped to export to 61 countries around the world over the past year with £7.4 billion of government support – providing a significant boost to jobs and the UK economy.
The finance provided by UK Export Finance (UKEF) in 2021-22 supported 72,000 UK jobs and added a gross value of £4.3 billion to the economy, meaning more money in people’s pockets and continued job security for British workers.
Of those supported by UKEF, 83 per cent were located outside of London and a record 81 per cent were small and medium-sized enterprises, according to the organisation’s annual results published today.
The £7.4 billion – the highest level for 14 years – brings the total support over the last five years to £33.4 billion.
Is that Lizz Truss playing dress-up again?
A clear brexit dividend? Distorting the market with subsidies. /s
Brexit is going so well we are having to pay people to help them make money!
Wow, £350m per week being spaffed away to try to mitigate Brexit.
At the same time strangling exporters and importers with customs delays, fees and endless forms.
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British businesses have been helped to export to 61 countries around the world over the past year with £7.4 billion of government support – providing a significant boost to jobs and the UK economy.
The finance provided by UK Export Finance (UKEF) in 2021-22 supported 72,000 UK jobs and added a gross value of £4.3 billion to the economy, meaning more money in people’s pockets and continued job security for British workers.
Of those supported by UKEF, 83 per cent were located outside of London and a record 81 per cent were small and medium-sized enterprises, according to the organisation’s annual results published today.
The £7.4 billion – the highest level for 14 years – brings the total support over the last five years to £33.4 billion.
Is that Lizz Truss playing dress-up again?
A clear brexit dividend? Distorting the market with subsidies. /s
Brexit is going so well we are having to pay people to help them make money!
Wow, £350m per week being spaffed away to try to mitigate Brexit.
At the same time strangling exporters and importers with customs delays, fees and endless forms.