The government increases the money it can spend to help UK industries and support exports. Industrial assistance rises from £12bn to £20bn, and export financing rises from £84bn to £160bn.
A Bill to Amend section 8(5) of the Industrial Development Act 1982 and section 6 of the Export and Investment Guarantees Act 1991.
Status: Act of Parliament
Current House: Unassigned
Stage: Royal Assent
Sponsored by: Peter Kyle, Lord Stockwood
Introduced: 2025-11-12
Royal Assent: 2026-03-18