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United Kingdom · Question · Written question

UIN 76010

Wrightbus: Finance

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

1 November 2022

Last action

24 November 2022 · Answer

Status

Answered

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Discovery layer

Source updated

24 November 2022

Summary

To ask the Secretary of State for International Trade, whether her Department undertook an assessment of potential conflicts of interest before awarding Wrightbus £26 million in UK Export Finance-backed funding.

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Timeline

  1. 1 November 2022

    Written question

    To ask the Secretary of State for International Trade, whether her Department undertook an assessment of potential conflicts of interest before awarding Wrightbus £26 million in UK Export Finance-backed funding.

    Source: Commons

  2. 24 November 2022

    Answer

    UK Export Finance (UKEF) does not invest equity or provide funding into projects. The support it provides is in the form of insurance or guarantees for loans from commercial lenders. UKEF considers all applications for support on their respective merits b...

    Source: Written answer

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