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Another boost for British car industry as £1 billion secured for new Sunderland gigafactory
Press release
New state-of-the-art gigafactory ignites growth in industrial heartlands, supporting 1,000 jobs and powering up 100,000 electric vehicles a year

The Chancellor announces a multi-billion-pound increase in government-backed financing.

Rosehill Polymers Group has opened a new factory in Sowerby Bridge following a previous financing agreement with UK Export Finance (UKEF) and Virgin Money.

Landmark Taiwan offshore wind deal receives UK backing, unlocking £55 million in contracts for British exporters
Press release
UK Export Finance has guaranteed £184 million in financing for one of Taiwan’s largest offshore wind projects.

£42 million of export finance deals brokered with Scottish businesses over the last six months.

Salem Tube is moving into the rapidly-growing sector thanks in part to support from the government’s export credit agency.

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