London, March 14, 2025 (AFP) - UK boosts export financing for defence firms by $2.6bn

NAMPA / AFP

2025-03-14

The British government said Friday that it would increase its export credit facilities for weapons manufacturers by two billion pounds ($2.6 billion) to boost overseas sales. The new funds "will see billions of pounds unlocked for UK defence companies that export overseas, driving economic growth and creating jobs across the UK," it said in a statement. Already the UK Export Finance agency has a lending capacity of eight billion pounds specifical......

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