Written questions

UK Export Finance: Small Businesses

Commons · Question 65255 · Tabled 7 Jul 2025 · Department for Business and Trade · Official record

Answered 11 Jul 2025

Question

Asked by Dame Harriett Baldwin

To ask the Secretary of State for Business and Trade, what steps he is taking to ensure that the UK Export Finance expansion reaches small businesses.

Answer

Answered by Gareth Thomas, 11 Jul 2025

Recognising the impact of the support it offers, the government recently increased UK Export Finance’s maximum commitment limit to £80 billion, enabling it to expand its finance support for UK businesses of all sizes.In 2023 to 2024, 88% of the businesses...