International Trade Secretary Liam Fox has announced that small businesses can now access government-backed export finance directly from their banks, boosting UK trade.
BExA Co-Chairman, Marcus Dolman, speaking at the Department for International Trade’s Civil Nuclear Showcase event in March 2017. Marcus highlighted the importance of a world class Export Credit Agency to exporters ability to compete on international nuclear power projects. UK Export Finance are providing support and guidance to several UK companies in their bids on various new Civil Nuclear projects. He also pointed out that whilst financial support for exports requires a level of UK content, UK backed financial support for overseas companies on new civil nuclear projects requires zero UK content and puts UK companies at a disadvantage to their competitors.