Trade finance industry calls on new UK PM to unlock SME finance and digital trade

UK trade finance bodies have called on new PM Andy Burnham to prioritise SME trade finance access and digital trade adoption, with ICC UK pushing for secure KYC data sharing, electronic trade documents, and support for free trade agreement uptake. The new Department for Business, Innovation, Science and Trade has committed £600mn to aerospace, including a £100mn supply chain fund, and UKEF secured a £750mn GE Aerospace maintenance financing agreement.

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