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1665701

registered interest
date	18/10/2023
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	UK Export Finance
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 17 October 2023 to Questions 200185, 200186 and 200187 on UK Export Finance: China, what (a) labour standards and (b) other human rights due diligence procedures are applied to prospective UK Export Finance partner companies.
tabling member constituency	Chingford and Woodford Green
tabling member printed	Sir Iain Duncan Smith
uin	203190
answer	answer is ministerial correction date of answer 23/10/2023 answer text <p>As advised in the response to the previous questions (200185, 200186 and 200187), UK Export Finance (UKEF) follows the UK government’s policy towards engagement with China set out in the Integrated Review and elsewhere.</p><p> </p><p>UKEF is committed to high standards of environmental, social and human rights (ESHR) risk management. Its specialist ESHR team reviews projects for ESHR risks and impacts before any decision on support is made. If a decision is taken to provide support, UKEF undertakes ESHR monitoring of the project for the duration of that support.</p><p> </p><p>UKEF’s due diligence also includes appropriate assessment of attendant risks. UKEF charges a risk-based premium to companies for its support, and has a robust recovery process in place to protect the taxpayer and offset potential losses.</p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston grouped question UIN 203191 question first answered 23/10/2023 15:03:01 answering member 4407 label Biography information for Nigel Huddleston
tabling member	152 label Biography information for Sir Iain Duncan Smith

1649676

registered interest
date	03/07/2023
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	UK Export Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, how many applications have been made to UK Export Finance for projects relating to green energy in 2023.
tabling member constituency	Brentford and Isleworth
tabling member printed	Ruth Cadbury
uin	192104
answer	answer is ministerial correction date of answer 10/07/2023 answer text <p>UK Export Finance (UKEF) has received 7 formal applications for support for projects featuring renewable energy generation during the current calendar year. Other businesses have made enquiries to UKEF about the nature of support available, but have not yet made formal applications.</p><p>UKEF has also supported other transactions during the year relating to the construction of electric and hydrogen vehicles, including buses.</p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston question first answered 10/07/2023 14:22:08 answering member 4407 label Biography information for Nigel Huddleston
tabling member	4389 label Biography information for Ruth Cadbury

1624128

registered interest
date	26/04/2023
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	UK Export Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, what discussions she has had with the Secretary of State for Foreign, Commonwealth and Development Affairs on measures the Government is taking to improve the quality of human rights assessments used to inform UK Export Finance's decisions.
tabling member constituency	Streatham
tabling member printed	Bell Ribeiro-Addy
uin	182950
answer	answer is ministerial correction date of answer 02/05/2023 answer text <p>UK Export Finance (UKEF) strictly follows internationally recognised frameworks for managing environmental, social &amp; human rights (ESHR) risks and impacts of relevant projects. Where UKEF provides support to such projects it undertakes on-going ESHR monitoring over the period of that support.</p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston grouped question UIN 182948 182949 question first answered 02/05/2023 15:26:39 answering member 4407 label Biography information for Nigel Huddleston
tabling member	4764 label Biography information for Bell Ribeiro-Addy

1605005

registered interest
date	16/03/2023
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	UK Export Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, with reference to the announcement by UK Export Finance on 24 May 2022 of its support for construction of the Ankara-Izmir High Speed Railway, what funds guaranteed to Credit Suisse under the Buyer Credit facility used to finance the project are outstanding as of 16 March 2023.
tabling member constituency	Islington South and Finsbury
tabling member printed	Emily Thornberry
uin	167063
answer	answer is ministerial correction date of answer 28/03/2023 answer text <p>UK Export Finance (UKEF) has no exposure against Credit Suisse. Credit Suisse is not a buyer, or borrower, and nor is it acting as a guarantor for a buyer or borrower that is relying upon UKEF support in any transaction.</p><p>UKEF has provided its guarantee to the lenders for the Ankara-Izmir High Speed Railway project, which guarantees them against non-payment of principal and interest from the Borrower. Consequently, UKEF has no liability arising from Credit Suisse’s participation in that project.</p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston grouped question UIN 167064 question first answered 28/03/2023 15:00:02 answering member 4407 label Biography information for Nigel Huddleston
tabling member	1536 label Biography information for Emily Thornberry

1605006

registered interest
date	16/03/2023
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	UK Export Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, how many outstanding arrangements UK Export Finance has with (a) Credit Suisse and (b) any of its subsidiaries on the provision of (i) buyer credit facilities, (ii) lines of credit, (iii) standard buyer loan guarantees and (iv) bills and notes guarantees as of 16 March 2023.
tabling member constituency	Islington South and Finsbury
tabling member printed	Emily Thornberry
uin	167064
answer	answer is ministerial correction date of answer 28/03/2023 answer text <p>UK Export Finance (UKEF) has no exposure against Credit Suisse. Credit Suisse is not a buyer, or borrower, and nor is it acting as a guarantor for a buyer or borrower that is relying upon UKEF support in any transaction.</p><p>UKEF has provided its guarantee to the lenders for the Ankara-Izmir High Speed Railway project, which guarantees them against non-payment of principal and interest from the Borrower. Consequently, UKEF has no liability arising from Credit Suisse’s participation in that project.</p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston grouped question UIN 167063 question first answered 28/03/2023 15:00:03 answering member 4407 label Biography information for Nigel Huddleston
tabling member	1536 label Biography information for Emily Thornberry

1603564

registered interest
date	13/03/2023
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	UK Export Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, whether (a) SVB Financial Group and (b) any of its subsidiaries were regarded by UK Export Finance as acceptable institutions for partnership in the provision of (i) buyer credit facilities, (ii) lines of credit, (iii) standard buyer loan guarantees and (iv) bills and notes guarantees as of 1 January 2023.
tabling member constituency	Islington South and Finsbury
tabling member printed	Emily Thornberry
uin	163736
answer	answer is ministerial correction date of answer 20/03/2023 answer text <p>UK Export Finance (UKEF) has not had any interactions with the SVB Financial Group or its subsidiaries. As a consequence, UKEF has not had reason to form any opinion over their suitability as partners in any transactions.</p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston grouped question UIN 163737 question first answered 20/03/2023 14:56:53 answering member 4407 label Biography information for Nigel Huddleston
tabling member	1536 label Biography information for Emily Thornberry

1603565

registered interest
date	13/03/2023
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	UK Export Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, whether UK Export Finance had any outstanding arrangements with (a) SVB Financial Group and (b) any of its subsidiaries relating to the provision of (i) buyer credit facilities, (ii) lines of credit, (iii) standard buyer loan guarantees and (iv) bills and notes guarantees as of 1 January 2023.
tabling member constituency	Islington South and Finsbury
tabling member printed	Emily Thornberry
uin	163737
answer	answer is ministerial correction date of answer 20/03/2023 answer text <p>UK Export Finance (UKEF) has not had any interactions with the SVB Financial Group or its subsidiaries. As a consequence, UKEF has not had reason to form any opinion over their suitability as partners in any transactions.</p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston grouped question UIN 163736 question first answered 20/03/2023 14:56:53 answering member 4407 label Biography information for Nigel Huddleston
tabling member	1536 label Biography information for Emily Thornberry

1506295

registered interest
date	08/09/2022
answering body	Department for International Trade
answering dept id	202
answering dept short name	International Trade
answering dept sort name	International Trade
hansard heading	UK Export Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for International Trade, what assessment her Department has made of the effectiveness of UK Export Finance in supporting UK businesses.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	49623
answer	answer is ministerial correction date of answer 29/09/2022 answer text <p>British businesses have been helped to export to 61 countries around the world over the past year with £7.4 billion of government support through UK Export Finance – providing a significant boost to jobs and the UK economy.</p><p> </p><p>This support has helped 545 companies directly (of whom 81% were small and medium sized enterprises), and thousands more indirectly in supply chains. During that year, UK Export Finance supported around 72,000 UK jobs. UK Export Finance provided £33 billion of support to UK exporters during the period 2017/18 to 2021/22. UK Export Finance was recently named the world’s best ECA at the International TFG Trade Awards 2022.</p> answering member constituency Yeovil answering member printed Mr Marcus Fysh question first answered 29/09/2022 11:01:10 answering member 4446 label Biography information for Mr Marcus Fysh
tabling member	4006 label Biography information for Dr Matthew Offord

1467697

registered interest
date	06/06/2022
answering body	Department for International Trade
answering dept id	202
answering dept short name	International Trade
answering dept sort name	International Trade
hansard heading	UK Export Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for International Trade, what assessment her Department has made of the effectiveness of UK Export Finance in supporting UK businesses.
tabling member constituency	Stockton South
tabling member printed	Matt Vickers
uin	13275
answer	answer is ministerial correction date of answer 14/06/2022 answer text <p>As advised in my response to the Honourable Member’s previous question (UIN 148424), during financial year 2020/21 UK Export Finance (UKEF) provided support of £12.3 billion to UK exporters selling to 77 countries around the world, supporting 549 companies directly (of whom 79% were small and medium sized enterprises), and thousands more indirectly in supply chains. During that year, UKEF supported around 107,000 UK jobs. UKEF provided £29 billion of support to UK exporters during the period 2016/17 to 2020/21.</p><p>UKEF was recently named the world’s best ECA at the International TFG Trade Awards 2022.</p> answering member constituency Finchley and Golders Green answering member printed Mike Freer question first answered 14/06/2022 16:47:35 answering member 4004 label Biography information for Mike Freer
tabling member	4844 label Biography information for Matt Vickers

1454930

registered interest
date	28/03/2022
answering body	Department for International Trade
answering dept id	202
answering dept short name	International Trade
answering dept sort name	International Trade
hansard heading	UK Export Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for International Trade, what assessment her Department has made of the effectiveness of UK Export Finance in supporting UK businesses.
tabling member constituency	Stockton South
tabling member printed	Matt Vickers
uin	148424
answer	answer is ministerial correction date of answer 05/04/2022 answer text <p>UK Export Finance’s (UKEF’s) mission is to ensure that no viable UK export fails for lack of finance or insurance, while operating at no net cost to the taxpayer. During financial year 2020/21, UKEF provided support of £12.3 billion to UK exporters selling to 77 countries around the world, supporting 549 companies directly (of whom 79% were small and medium sized enterprises), and thousands more indirectly in supply chains. UKEF has provided £29 billion of support to UK exporters in the last five financial years. The corresponding figures for 2021/22 will be published in due course in the next Annual Report and Accounts.</p> answering member constituency Finchley and Golders Green answering member printed Mike Freer question first answered 05/04/2022 15:24:54 answering member 4004 label Biography information for Mike Freer
tabling member	4844 label Biography information for Matt Vickers