Committees

UK Export Finance

Inquiry

Background

  1. UK Export Finance (UKEF) is the UK’s official export credit agency. It aims to support British exporters by ensuring that “no viable UK export fails for lack of finance or insurance from the private sector, while operating at no net cost to the taxpayer.” This is done by means of “a combination of guarantees, insurance and financing (often in partnerships with banks).” UKEF is a department in its own right but is strategically aligned with the Department for International Trade and has the same ministerial team.
  2. In June 2020, UKEF published its business plan to 2024. Its delivery objectives include to provide export finance, insurance and guidance to business of all sizes in support of the Government’s Export Strategy; adapt and focus activity on sectors and countries where UKEF support will have the greatest economic benefit; and improve awareness of the support available from UKEF.
  3. In addition, UKEF has supported exporters during the COVID-19 pandemic by temporarily extending its Export Insurance Policy and it is formally launching new General Export Facility and Export Development Guarantee products shortly to further support businesses impacted by the pandemic.

Upcoming events

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No upcoming events scheduled

Past events

Wednesday 23 June 2021
2:00pm Private
2:30pm Public
UK Export Finance - Oral evidence 23 June 2021
2:30pm
  • Graham Stuart MP (Minister for Exports at Department for International Trade)
  • Louis Taylor (Chief Executive at UK Export Finance)
Room 15, Palace of Westminster
Wednesday 12 May 2021
2:00pm Private
2:30pm Public
UK Export Finance - Oral evidence 12 May 2021
2:30pm
  • Richard Simon-Lewis (Director & Head of Origination, Client Coverage, Marketing & Communications at UK Export Finance)
  • Vomic Shah (Global Head of Origination at UK Export Finance)
3:10pm
  • Mark Ling (Head of Trade & Supplier Finance at Santander UK)
  • Bhavna Saraf (Head of Trade Product at Lloyds Banking Group)
  • Ian Tandy MBE (Managing Director, Global Trade & Receivables Finance UK at HSBC UK)
3:50pm
  • Dr Kamala Dawar (Senior Lecturer in International Trade & Commercial Law at University of Sussex)
  • Adrian Jones (Trade & Export Finance Manager at Boskalis Marine Contracting Ltd)
Virtual meeting
Wednesday 28 April 2021
2:30pm Public
UK Export Finance - Oral evidence 28 April 2021
2:30pm
  • Jack Semple (Alliance Secretary at Engineering and Machinery Alliance)
  • Nicholas Wrigley (Chief Executive Officer at WInch Energy)
  • Ipek Gencsu (Research Fellow at Overseas Development Institute)
3:30pm
  • Dr Alistair Clark (Chair at Export Guarantee Advisory Council)
  • Professor Andreas Klasen (Professor of International Business and Head of the Institute for Trade and Innovation (IfTI) at Offenburg University)
  • Dr Susan Hawley (Executive Director at Spotlight on Corruption)
Virtual meeting
Wednesday 20 January 2021
2:00pm Private
2:30pm Public
UK Export Finance - Oral evidence 20 January 2021
2:30pm
  • Jonathan Brenton (Head of Trade Policy at CBI)
  • Susan Ross MBE (Vice President at British Exporters Association)
3:30pm
  • Chris Walker (Chair of the Trade Policy Unit at Federation of Small Businesses)
  • Peter Ellingworth (CEO at Association of HealthTech Industries)
Virtual meeting