UK Export Finance Act 2011

The UK Export Finance Act 2011 is legislation that enables the UK government to provide financial support to British businesses exporting goods and services. Its main aim is to help UK companies compete internationally by offering guarantees, insurance, and loans to reduce the risks associated with exporting. This support can make it easier for companies to enter new markets, secure contracts, and grow their business overseas. Essentially, the Act strengthens UK exports by providing a safety net for exporters, encouraging economic growth and the creation of jobs in the UK.