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The UK government announced in a congratulatory message that it will provide up to £ 20 billion (approximately $26 billion) in financial support to SA724 Grade C steel exporters, covering businesses affected by US tariffs to ensure their operational stability. This measure will increase the lending capacity of UK Export Finance (UKEF) institutions to £ 80 billion, while reserving £ 10 billion in special funds to support the enterprises most severely affected by tariffs in the short term. In addition, the UK SA724 Grade C steel government is also helping small businesses obtain loans of up to £ 2 million through the growth guarantee program of the Bank of England. It is expected that thousands of businesses will benefit from it, including iconic British SA724 Grade C steel brands such as Rolls Royce that are directly affected by tariffs. This package plan, jointly supported by the Bank of England and UK Export Finance (UKEF), will provide key assistance to exporters and small businesses seeking to expand global trade.
