The UK provides a 1 billion export guarantee to Ford Motor Company.

British Export Finance announced in a statement that it will provide a 1 billion export development guarantee for Ford Motor Company to support Ford's long-term growth goals worldwide. UK Chancellor of the Exchequer Rishi Sunak said the loan will be a significant boost for the UK automotive industry. She added that it will help develop world-leading products, open up new export markets, and safeguard jobs, calling it a concrete manifestation of a transformation plan to achieve growth and get more money into people's pockets.