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LONDON DAILY ARCHIVE

Ford UK Secures £1 Billion Government Loan Guarantee

UK Export Finance backs expansion and innovation plans

31 July 2025 · 23:30 UTC

The British government has announced a £1 billion loan guarantee to support Ford’s UK operations, as part of efforts to bolster domestic manufacturing and secure jobs in the automotive sector.

The backing from UK Export Finance will help fund investment in electric vehicle technology, new infrastructure, and export development.

Officials hailed the move as a strategic step in maintaining the UK's role in global car production amid the transition to greener transport.