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1132203

	registered interest
	date	13/06/2019
	answering body	Department for International Trade
	answering dept id	202
	answering dept short name	International Trade
	answering dept sort name	International Trade
	hansard heading	Export Credit Guarantees
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government how many applications for support were approved by UK Export Finance in each of the last five years; and for each such application what was its (1) value, (2) destination country, and (3) sector.
	tabling member printed	Viscount Waverley
	uin	HL16364
	answer	answer is ministerial correction date of answer 20/06/2019 answer text <p>UK Export Finance (UKEF) publishes details of its support including value, destination country and sector on an annual basis. For 2014-15 this information was published in UKEF’s Annual Report and Accounts. From 2015-16 onwards this information has been published alongside Annual Report and Accounts as transparency data. This information is available on UKEF’s website.</p><p> </p><p>The table is taken from UKEF’s 2017-18 Annual Report and Accounts and shows a five-year summary of facilities issued.</p><table><tbody><tr><td><p> </p></td><td><p><strong>2017-18</strong></p></td><td><p><strong>2016-17</strong></p></td><td><p><strong>2015-16</strong></p></td><td><p><strong>2014-15</strong></p></td><td><p><strong>2013-14</strong></p></td></tr><tr><td><p><strong>Facilities issued</strong></p></td><td><p>580</p></td><td><p>483</p></td><td><p>593</p></td><td><p>588</p></td><td><p>613</p></td></tr></tbody></table><p> </p><p>Details of UKEF’s support for the last year will be published once its 2018-19 Annual Report and Accounts is laid before Parliament.</p><p> </p><p>The 2017-18 data can be accessed here: <a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/718494/uk_export_finance_businesses_supported_in_2017_to_2018.csv/preview" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/718494/uk_export_finance_businesses_supported_in_2017_to_2018.csv/preview</a></p><p> </p><p>The 2016-17 data can be accessed here: <a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/630876/uk-export-finance-businesses-supported-list-2016-2017-1.csv/preview" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/630876/uk-export-finance-businesses-supported-list-2016-2017-1.csv/preview</a></p><p> </p><p>The 2015-16 data can be accessed here: <a href="https://www.gov.uk/government/publications/uk-export-finance-business-supported-2015-16/uk-export-finance-business-supported-2015-16" target="_blank">https://www.gov.uk/government/publications/uk-export-finance-business-supported-2015-16/uk-export-finance-business-supported-2015-16</a></p><p> </p><p>The 2014-15 data can be accessed here on page 70-83: <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/436270/10417-TSO-UKEF_-Annual_Report_and_Accounts_2014-15-ACCESSIBLE07__2_.pdf" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/436270/10417-TSO-UKEF_-Annual_Report_and_Accounts_2014-15-ACCESSIBLE07__2_.pdf</a></p> answering member printed Viscount Younger of Leckie question first answered 20/06/2019 15:33:51 answering member 4169 label Biography information for Viscount Younger of Leckie
	tabling member	1744 label Biography information for Viscount Waverley

1279481

	registered interest
	date	21/01/2021
	answering body	Department for International Trade
	answering dept id	202
	answering dept short name	International Trade
	answering dept sort name	International Trade
	hansard heading	Export Credit Guarantees
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what progress they have made in aligning the use of export credits with the UK’s commitments on climate change, including those related to (1) sustainable infrastructure, and (2) renewable energy.
	tabling member printed	Baroness Anelay of St Johns
	uin	HL12404
	answer	answer is ministerial correction date of answer 29/01/2021 answer text <p>At the Climate Ambition Summit on 12 December 2020, the Prime Minister announced that the UK will no longer provide any new direct financial or promotional support for the fossil fuel energy sector overseas, other than in exceptional circumstances, and will align its support to enable clean energy exports.</p><p> </p><p>A public consultation was announced at the same time to seek stakeholders’ views on i) how to enable an accelerated growth in UK clean energy exports, and ii) on the impacts of the timing of implementation of the policy shift on international fossil fuel energy sector support.</p><p> </p><p>The consultation can be found online at: <a href="https://www.gov.uk/government/consultations/aligning-uk-international-support-for-the-clean-energy-transition" target="_blank">https://www.gov.uk/government/consultations/aligning-uk-international-support-for-the-clean-energy-transition</a>.</p> answering member printed Lord Grimstone of Boscobel question first answered 29/01/2021 14:59:00 answering member 4876 label Biography information for Lord Grimstone of Boscobel
	tabling member	3474 label Biography information for Baroness Anelay of St Johns

1698550

	registered interest
	date	25/03/2024
	answering body	Department for Business and Trade
	answering dept id	214
	answering dept short name	Business and Trade
	answering dept sort name	Business and Trade
	hansard heading	Export Credit Guarantees
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business and Trade, pursuant to the Answer of 13 March 2024 to Question 17476 on INEOS: Belgium, what assessment her Department has made of the potential impact of new business outside the UK on (a) sites and (b) industries in the UK.
	tabling member constituency	East Lothian
	tabling member printed	Kenny MacAskill
	uin	20435
	answer	answer is ministerial correction date of answer 15/04/2024 answer text <p>I refer the Honourable Member to the response provided to Question 19719 on 25 March.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 15/04/2024 16:00:32 answering member 1526 label Biography information for Greg Hands
	tabling member	4772 label Biography information for Kenny MacAskill

1353467

	registered interest
	date	07/09/2021
	answering body	Department for International Trade
	answering dept id	202
	answering dept short name	International Trade
	answering dept sort name	International Trade
	hansard heading	Export Credit Guarantees
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for International Trade, what was the value of outstanding loans to private sector bodies guaranteed by UK Export Finance at the end of (a) 2015-16 financial year, (b) 2016-17 financial year, (c) 2017-18 financial year, (d) 2018-19 financial year, (e) 2019-20 financial year, (f) 2020-21 financial year and (g) August 2021.
	tabling member constituency	Islington South and Finsbury
	tabling member printed	Emily Thornberry
	uin	44258
	answer	answer is ministerial correction date of answer 15/09/2021 answer text <p>The value of outstanding loans / facilities to private sector bodies guaranteed / directly funded by UK Export Finance (UKEF) was as follows:</p><p> </p><table><tbody><tr><td><p>Financial Year</p></td><td><p>Business issued (£ millions)</p></td></tr><tr><td><p>2015/16</p></td><td><p>1,590</p></td></tr><tr><td><p>2016/17</p></td><td><p>1,120</p></td></tr><tr><td><p>2017/18</p></td><td><p>1,766</p></td></tr><tr><td><p>2018/19</p></td><td><p>1,828</p></td></tr><tr><td><p>2019/20</p></td><td><p>2,806</p></td></tr><tr><td><p>2020/21</p></td><td><p>9,614</p></td></tr><tr><td><p>2021/22 (to 31 July 2021)</p></td><td><p>684</p></td></tr></tbody></table><p> </p><p>The figures quoted represent the UKEF’s Maximum Liability in respect of the transactions (i.e. the sums that UKEF has guaranteed) rather than the total value of the loans.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 15/09/2021 16:49:48 answering member 1482 label Biography information for Graham Stuart
	tabling member	1536 label Biography information for Emily Thornberry

1485310

	registered interest
	date	01/07/2022
	answering body	Department for International Trade
	answering dept id	202
	answering dept short name	International Trade
	answering dept sort name	International Trade
	hansard heading	Export Credit Guarantees
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for International Trade, with reference to UK Export Finance: jobs supported analysis 2020-21, published on 22 June 2021, how many of the estimated (a) 107,000 jobs supported in the UK in 2020-21 and (b) 72,000 jobs supported in the UK in 2021-22 by UK Export Finance were attributable to the provision of Export Development Guarantees.
	tabling member constituency	Islington South and Finsbury
	tabling member printed	Emily Thornberry
	uin	28876
	answer	answer is ministerial correction date of answer 06/07/2022 answer text <p>Using the methodology explained in detail on GOV.uk, the number of jobs estimated to have been supported by UK Export Finance through general working capital schemes (which comprises General Export Facility and Export Development Guarantee products) for the years 2020/21 and 2021/22 were 76,000 and 40,000 respectively.</p><p> </p><p>Further information on the methodology applied can be found online at: <a href="http://www.gov.uk/government/publications/uk-export-finance-jobs-supported-2020-to-2021/uk-export-finance-jobs-supported-analysis-2020-21" target="_blank">www.gov.uk/government/publications/uk-export-finance-jobs-supported-2020-to-2021/uk-export-finance-jobs-supported-analysis-2020-21</a> and <a href="http://www.gov.uk/government/publications/uk-export-finance-economic-impacts-of-our-support-2021-22/uk-export-finance-economic-impacts-of-our-support-2021-22" target="_blank">www.gov.uk/government/publications/uk-export-finance-economic-impacts-of-our-support-2021-22/uk-export-finance-economic-impacts-of-our-support-2021-22</a>.</p> answering member constituency Finchley and Golders Green answering member printed Mike Freer question first answered 06/07/2022 10:55:50 answering member 4004 label Biography information for Mike Freer
	tabling member	1536 label Biography information for Emily Thornberry

1485311

	registered interest
	date	01/07/2022
	answering body	Department for International Trade
	answering dept id	202
	answering dept short name	International Trade
	answering dept sort name	International Trade
	hansard heading	Export Credit Guarantees
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for International Trade, whether all contracts agreed by UK Export Finance for the provision of Export Development Guarantees in 2020-21 and 2021-22 have included commitments from the recipients relating to the creation or protection of prescribed numbers of jobs in the UK.
	tabling member constituency	Islington South and Finsbury
	tabling member printed	Emily Thornberry
	uin	28877
	answer	answer is ministerial correction date of answer 15/07/2022 answer text <p>The eligibility criteria for the Export Development Guarantee (EDG) and other products offered by UK Export Finance are set out on GOV.uk. Provision of an EDG, which is a form of debt financing rather than direct ownership requires evidence of exporting and a UK footprint but does not require specific commitments on job creation.</p><p> </p><p>The terms of EDG-backed loans are negotiated with each borrower individually, and are commercially confidential. However, EDG-backed loans will typically contain provisions to ensure that the business receiving support remains substantially in the same form throughout the life of the loan.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 15/07/2022 12:25:25 answering member 4874 label Biography information for Andrew Griffith
	tabling member	1536 label Biography information for Emily Thornberry

1688269

	registered interest
	date	07/02/2024
	answering body	Department for Business and Trade
	answering dept id	214
	answering dept short name	Business and Trade
	answering dept sort name	Business and Trade
	hansard heading	Export Credit Guarantees
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business and Trade, how many loan facilities under the Export Development Guarantee Scheme have been guaranteed by UK Export Finance up to 100% in each of the last five financial years.
	tabling member constituency	North Durham
	tabling member printed	Mr Kevan Jones
	uin	13544
	answer	answer is ministerial correction date of answer 19/02/2024 answer text <p>UK Export Finance (UKEF) has not previously 100% guaranteed any Export Development Guarantee (EDG) facilities.</p><p> </p><p>In principle, consideration can be given to guarantee percentages above 80% where this is needed to ensure the success of the transaction, subject to ensuring that the guaranteed loan meets UKEF’s requirements including compliance with applicable subsidy control rules.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands grouped question UIN 13545 question first answered 19/02/2024 10:56:14 answering member 1526 label Biography information for Greg Hands
	tabling member	1438 label Biography information for Mr Kevan Jones

1688270

	registered interest
	date	07/02/2024
	answering body	Department for Business and Trade
	answering dept id	214
	answering dept short name	Business and Trade
	answering dept sort name	Business and Trade
	hansard heading	Export Credit Guarantees
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business and Trade, for what reason UK Export Finance would provide a 100% guarantee on lending to company under the Export Development Guarantee.
	tabling member constituency	North Durham
	tabling member printed	Mr Kevan Jones
	uin	13545
	answer	answer is ministerial correction date of answer 19/02/2024 answer text <p>UK Export Finance (UKEF) has not previously 100% guaranteed any Export Development Guarantee (EDG) facilities.</p><p> </p><p>In principle, consideration can be given to guarantee percentages above 80% where this is needed to ensure the success of the transaction, subject to ensuring that the guaranteed loan meets UKEF’s requirements including compliance with applicable subsidy control rules.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands grouped question UIN 13544 question first answered 19/02/2024 10:56:14 answering member 1526 label Biography information for Greg Hands
	tabling member	1438 label Biography information for Mr Kevan Jones

1691588

	registered interest
	date	26/02/2024
	answering body	Department for Business and Trade
	answering dept id	214
	answering dept short name	Business and Trade
	answering dept sort name	Business and Trade
	hansard heading	Export Credit Guarantees
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business and Trade, whether there are limitations on how Export Development Guarantee funding is used.
	tabling member constituency	North Durham
	tabling member printed	Mr Kevan Jones
	uin	15586
	answer	answer is ministerial correction date of answer 04/03/2024 answer text <p>The Export Development Guarantee is designed to support lending to exporters for general working capital or capital expenditure purposes. There is no requirement to limit the use of such funds, but specific features of a transaction, for example if the Export Development Guarantee loan is intended for a specific investment, may make this necessary.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 04/03/2024 12:06:19 answering member 1526 label Biography information for Greg Hands
	tabling member	1438 label Biography information for Mr Kevan Jones