Research Briefing
Industry and Exports (Financial Support) Bill
This Bill would amend section 8(5) of the Industrial Development Act 1982 and section 1(1) of the Export and Investment Guarantees Act 1991. The Bill proposes to increase the total level of financial support to industry allowed under section 8 of the Industrial Development Act 1982. The Bill also proposes to widen support provided by the Export Credits Guarantee Department (ECGD) to include exports that have already taken place.