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FX Daily Updates
UK Export Finance guarantees 1 billion pound loan to Ford UK
georgemiller
Publish Date: Thu, 31 Jul 2025, 13:15 PM

LONDON, July 31 (Reuters) - A British government agency is providing a 1 billion pound export development guarantee to the UK arm of U.S. carmaker Ford (F.N) , opens new tab, 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).
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https://www.reuters.com/business/autos-transportation/uk-export-finance-guarantees-1-billion-pound-loan-ford-uk-2025-07-31/