| answer text |
<p>The Government recognises the vital role that manufacturing plays in the UK economy.
Therefore, we support the sector in a number of ways, including through the provision
of several credit guarantee schemes.</p><p> </p><p>Please see below for an indication
of the support made available to the manufacturing industry over the last 10 financial
years through credit guarantee schemes. This includes data on the flow of credit guarantees
from UK Export Finance, and the British Business Bank (since its establishment in
2014/15).</p><p> </p><table><tbody><tr><td><p>Manufacturing £m</p></td></tr><tr><td><p>2009/2010</p></td><td><p>1,930</p></td></tr><tr><td><p>2010/2011</p></td><td><p>1,877</p></td></tr><tr><td><p>2011/2012</p></td><td><p>1,798</p></td></tr><tr><td><p>2012/2013</p></td><td><p>2,284</p></td></tr><tr><td><p>2013/2014</p></td><td><p>1,044</p></td></tr><tr><td><p>2014/2015</p></td><td><p>1,215</p></td></tr><tr><td><p>2015/2016</p></td><td><p>554</p></td></tr><tr><td><p>2016/2017</p></td><td><p>1,784</p></td></tr><tr><td><p>2017/2018</p></td><td><p>1,297</p></td></tr><tr><td><p>2018/2019</p></td><td><p>3,734</p></td></tr></tbody></table><p>
</p><p>This data has been identified from credit guarantees to the manufacturing sector
using the standard industrial classification (SIC) as used by the Office for National
Statistics, where possible. This does not include other forms of credit support, such
as the Repayable Launch Investments.</p><p> </p><p>In addition to manufacturing-specific
support, the Government also supports various programmes to help businesses access
the finance they need through the British Business Bank.</p><p> </p>
|
|
