UK Export Finance
Thursday, April 16, 2026
Vivobarefoot Achieves 85% Sales Growth with £16M UKEF-Backed Loans
UK Export Finance announced that British footwear company Vivobarefoot grew sales by 85% over four years, from £49 million to £91 million, supported by over £16 million in government-backed finance. HSBC UK issued three General Export Facility loans totaling £16.2 million (£3.8 million in 2022, £5.7 million in 2024, and £6.7 million in 2025). The company employs over 120 people across Bristol and London.
UK Regional Export Finance Manager Contacts Updated April 2026
UK Export Finance has published updated contact information for its regional Export Finance Managers as of 1 April 2026. The guidance lists regional heads and managers by geographic area, including Northern England, Scotland, Northern Ireland, Midlands, Wales, South West, and London and South East. Businesses seeking export finance support can contact their local manager directly or email customer.service@ukexportfinance.gov.uk.
Country Risk and Cover Policy and Indicators
UK Export Finance published updated country cover policy and risk appetite guidance providing country-specific market risk appetite classifications and cover availability for cash/short-term and medium/long-term export finance support. Countries such as Afghanistan receive no cover while others like Albania receive full cover availability with at least £5 billion market risk appetite. The guidance is informational only and does not constitute a commitment to provide cover for any specific contract.
British Steel Wins £70M Export Order in Nigeria Ports Deal
UK Export Finance (UKEF) announced a £746 million financing guarantee to support the redevelopment of Nigeria's Lagos Port Complex and TinCan Island Port Complex. British Steel secured a record £70 million contract to supply 120,000 tonnes of steel billets to construction companies Hitech Nigeria and ITB Nigeria as part of the deal, with at least £236 million in total supplier contracts directed to British companies.
UKEF Secures £128M Submarine Rescue Deals With Indonesia
UK Export Finance announced two export deals worth £128 million to supply submarine rescue vehicle systems to the Indonesian Navy. Over £67 million in supply contracts have been awarded to UK suppliers Submarine Manufacturing and Products Ltd (Bristol) and Forum Energy Technologies Ltd (York), supporting jobs in the domestic maritime and defence industry.
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