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fromBusiness Matters
1 week ago

Northamptonshire manufacturer Pallite secures 1.6m UKEF-backed loan to meet global export demand

A Northamptonshire manufacturer of sustainable warehouse storage and packaging solutions is expanding its global footprint after securing £1.6 million in government-backed finance. Pallite Group, based in Wellingborough, has won new export opportunities across Europe, the US, Asia, the Middle East, Australia and New Zealand, prompting the need for additional working capital to keep pace with growing international demand. The company has now secured a £1.6 million corporate facility from KBC Bank, supported by UK Export Finance's (UKEF) General Export Facility (GEF).
Business
UK news
fromwww.theguardian.com
1 week ago

UK pulls $1.15bn loan to Mozambique gas project after climate and terror concerns

UK withdraws £870m export finance for Mozambique LNG project due to increased risks to taxpayers, security, human rights, and the climate.
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