US EditionRachel Reeves announces £20 billion boost for UK exporters hit by Trump
- Chancellor Rachel Reeves announced a £20 billion increase in finance for UK exporters affected by Donald Trump's tariffs.
- The funding will support UK Export Finance, helping British exporters obtain loans and assisting overseas firms purchasing UK goods.
- Additionally, the British Business Bank will expand its Growth Guarantee Scheme by £500 million to aid smaller businesses.
- Reeves emphasized the importance of backing British businesses to navigate global challenges, stating, "The world is changing.
16 Articles
16 Articles
UK businesses hit by Trump tariffs to be given £10,000,000,000 in support
Donald Trump’s reciprocal tariffs have almost all been put on pause (Photo by Chip Somodevilla/Getty Images) British firms that have been battered by Donald Trump’s announcement of tariffs on exports to the US will be given billions in government support. Like almost every other country in the world, the UK is now contending with 10% tariffs on almost all the products it ships out to the US – which was its largest single-country trading partner …
Rachel Reeves launches £20bn support package for thousands as Donald Trump's trade war sparks recession warnings
Rachel Reeves launches £20bn support package for thousands as Donald Trump's trade war sparks recession warnings - Thousands of UK businesses are set to receive new financial support as the Government unveils a £20billion export finance package
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