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1717631

registered interest
date	13/05/2024
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 May 2024 to Question 24406 on Export Credit Guarantees, whether (a) a Minister or (b) an official in her Department has unilaterally proposed a 100% guarantee in advance of negotiations with a company.
tabling member constituency	North Durham
tabling member printed	Mr Kevan Jones
uin	25789
answer	answer is ministerial correction date of answer 16/05/2024 answer text <p>The Department of Business and Trade has not unilaterally proposed a 100% guarantee to any company.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 16/05/2024 08:26:42 answering member 1526 label Biography information for Greg Hands
tabling member	1438 label Biography information for Mr Kevan Jones

1715332

registered interest
date	01/05/2024
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 19 February 2024 to Question 13544 on Export Credit Guarantees, whether (a) her Department or (b) UK Export Finance has unilaterally proposed a 100% guarantee in advance of negotiations with a company.
tabling member constituency	North Durham
tabling member printed	Mr Kevan Jones
uin	24406
answer	answer is ministerial correction date of answer 13/05/2024 answer text <p>UK Export Finance has not unilaterally proposed a 100% guarantee in considering requests by applicants for its support.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 13/05/2024 15:11:46 answering member 1526 label Biography information for Greg Hands
tabling member	1438 label Biography information for Mr Kevan Jones

1714641

registered interest
date	29/04/2024
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 export development guarantees are scrutinised.
tabling member constituency	North Durham
tabling member printed	Mr Kevan Jones
uin	24001
answer	answer is ministerial correction date of answer 02/05/2024 answer text <p>UK Export Finance (UKEF) undertakes appropriate financial and other due diligence on all applications for its support. Further information on the eligibility criteria for the Export Development Guarantee is provided online at <a href="https://www.gov.uk/guidance/export-development-guarantee#application-process" target="_blank">Export Development Guarantee - GOV.UK (www.gov.uk)</a>.</p><p>Information on UKEF’s governance and due diligence can also be found in its Annual Report and Accounts.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 02/05/2024 16:01:28 answering member 1526 label Biography information for Greg Hands
tabling member	1438 label Biography information for Mr Kevan Jones

1712790

registered interest
date	22/04/2024
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 19 February 2024 to Question 13545, whether legal advice has been sought on providing a 100% guarantee on lending to a company under the Export Development Guarantee.
tabling member constituency	North Durham
tabling member printed	Mr Kevan Jones
uin	22910
answer	answer is ministerial correction date of answer 25/04/2024 answer text <p>HM Government does not comment on ongoing commercial discussions.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 25/04/2024 15:33:33 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

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