Published by Global Banking and Finance Review
Posted on July 31, 2025
1 min readLast updated: January 22, 2026
Published by Global Banking and Finance Review
Posted on July 31, 2025
1 min readLast updated: January 22, 2026
UK Export Finance provides a £1 billion loan guarantee to Ford UK, supporting the auto sector's growth and job security.
LONDON (Reuters) -A British government agency is providing a 1 billion pound export development guarantee to the UK arm of U.S. carmaker Ford, supporting the company's long-term growth targets around the world.
"This £1 billion loan guarantee is a major boost for Britain’s auto sector. It will help develop world-leading products, open new export markets, and secure jobs," finance minister Rachel Reeves said in the statement released by UK Export Finance (UKEF).
(Reporting by Catarina Demony; writing by Muvija M; editing by William James)
The British government agency is providing a £1 billion export development guarantee to Ford UK.
The loan guarantee is expected to boost Britain's auto sector, help develop world-leading products, open new export markets, and secure jobs.
Finance minister Rachel Reeves commented that the £1 billion loan guarantee is a major boost for the auto sector.
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