Eligibility for the Export Working Capital Scheme organised by UK Export Finance (UKEF) is to be extended to exporters’ direct supply chains. This is one of the procedures set out in the Government’s Productivity Plan, which has been introduced to reverse the UK’s long-term productivity problem and secure rising living standards. The development is made possible by the Small Business, Enterprise and Employment Act 2015. It will ensure that UKEF’s services are comparable with other leading export credit agencies, helping to keep UK exports competitive.
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