Today the UK government has announced that new lending UK Export Finance makes to low-income countries and small island states will include clauses to defer payments when countries are hit…
The UK’s Department for International Development is considering using aid money to subsidise lower interest rates for export credits for some low income countries. Export credits are government backed loans…
In a report released today, the UK government has revealed it guaranteed £132 million of loans to the Indonesian government for arms sales in the last year, along with further…
“Debt trial of the century” could cause financial shockwaves Over 100 British Members of Parliament have signed a motion supporting action to prevent vulture funds profiteering from Argentina and forcing…
I bumped into the Business Minister whilst cycling through South London. Cycling to my Econowhat? reading group through Stockwell in South London last week, my eyes were drawn to the…
UK's ECGD backs $1bn of loans for deep-sea oil drilling as climate talks take place in Durban.
Zimbabwe’s recent history has been characterised by political oppression, economic chaos and social division. That story is well known in the UK. However it is rarely the case that a…
People dressed as skeletons protested outside the Department for Business yesterday evening, urging Vince Cable to reveal the ‘skeletons in his cupboard’. The event followed news that the department is…
Newly uncovered documents by Jubilee Debt Campaign reveal that Vince Cable’s Department for Business is still demanding money from the Egyptian government in payment for loans made to General Mubarak…
Yesterday at Liberal Democrat party conference strong policy to reform the government’s Export Credits Guarantee Department (ECGD) was adopted.