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Government adds funding to tariffs aid
The Chronicle
|April 14, 2025
BUSINESSES in the UK being hit by United States President Donald Trump's tariffs are set to receive extra support, as the Government announced a new export finance package worth billions of pounds.
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Chancellor Rachel Reeves has said thousands of businesses would benefit from the move, which will expand support for firms provided by UK Export Finance (UKEF) by £20 billion.
Up to £10 billion of that support will be used specifically for firms “impacted in the short term by the current situation”, according to the Treasury.
This story is from the April 14, 2025 edition of The Chronicle.
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