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NEWS
The UK Constitutional Law Association (UKCLA) has published a blog written by Joe Tomlinson, Professor of Public Law at the University of York, analysing the 264% increase in asylum appeals in the year 2023/2024. There were 29,172 appeals lodged in 2023/2024, an increase from the 8,019 appeals lodged in 2022/2023. The blog notes that the reason for the surge in appeals is the Home Office's increased efforts to process its large backlog of asylum applications.
NEWS
The UK Constitution Monitoring Group (UKCMG) has published its eighth biannual report covering January-June 2025, highlighting persistent concerns about constitutional standards. Key developments include Tulip Siddiq's resignation as Treasury minister following an investigation, postponement of local elections in multiple English counties until 2026 and continued use of fast-track legislation procedures. The report criticises the government's failure to update the 2011 Cabinet Manual and raises concerns about increasing court backlogs, with Crown Court cases rising 11% to 76,957.
NEWS
The United Kingdom Constitution Monitoring Group (UKCMG) has published issue three, volume two of its report titled 'The Constitution in Review,' assessing UK constitutional developments between 1 July and 31 December 2025 against 20 constitutional principles. The report highlights concerns about declining adherence to constitutional standards, threats to democracy and weaknesses in oversight mechanisms. It identifies risks including misinformation, foreign interference, low electoral turnout and abuse of candidates, alongside concerns over delegated powers, weak parliamentary scrutiny and executive dominance. The report notes reforms such as the creation of an Ethics and Integrity Commission but questions its independence and effectiveness. The UKCMG emphasises the need to uphold constitutional principles, strengthen the rule of law and improve electoral participation and accountability.
NEWS
The Constitution Society has published the sixth report issued by the United Kingdom Constitution Monitoring Group (UKCMG) covering the period from July 2023 to July 2024. The report focuses on seven key areas including integrity in public life, constitutional change process, elections, legislatures, ministers and the civil service, the territorial constitution and, lastly, judiciary and the rule of law. UKCMG has concluded that together, developments noted in the seven areas 'mark a concerning continuation in trends which have weakened the UK's uncodified constitution'.
NEWS
UK Export Finance (UKEF) and the British Business Bank have announced a joint scheme, expected to launch in spring 2027, aimed at increasing access to finance for small and medium-sized enterprises (SMEs) with export ambitions. Under the scheme, UKEF will guarantee a portion of eligible portfolio-level losses, while lenders will retain a share of the risk. The British Business Bank will be responsible for assessing, onboarding and managing participating commercial lenders. The portfolio guarantee is intended to reduce lender costs and enable scalable lending to smaller business exporters. With broad eligibility criteria and a well-established lender guarantee model, the scheme is expected to increase the availability of finance for smaller exporters and improve access for businesses that are currently underserved. It will be open to SMEs across all sectors and will support lending facilities, including term loans and working capital.
NEWS
The UK Export Finance (UKEF) and Poland’s export credit agency (KUKE) report that they will guarantee a loan worth €249m with Standard Chartered Bank to support the construction of Turkey’s second-largest solar project to date. The deal with Standard Chartered, acting as Structuring Bank, Green Loan Coordinator, Lead Arranger, and Lender, aims to create UK jobs in the renewable energy sector supply chain and power over 65,000 households in Turkey per year.
NEWS
UK Export Finance (UKEF) has announced measures at the Farnborough International Airshow to drive growth and decarbonisation across the aerospace sector, including broadening its eligibility criteria to consider a wider range of financing options for UK-based sustainable aviation fuel (SAF) projects. UKEF has also signed Memoranda of Understanding with Turkish Aerospace to establish a framework for cooperation on defence export projects to third-country markets and with Vertical Aerospace to support the company's future export ambitions, with the aim of boosting UK industrial competitiveness, supporting high-value jobs and accelerating the transition to cleaner flight.
NEWS
UK Export Finance (UKEF) has signed a reinsurance agreement with Brazil's export credit agency ABGF, the first such agreement ABGF has concluded with another export credit agency. The arrangement will provide UKEF-backed guarantees for Brazilian exports containing British content, targeting energy transition and infrastructure projects. UKEF also announced new financing for Hampshire-based Hive Energy's solar projects across multiple continents and set a target to provide £10bn in clean growth finance by 2029.
NEWS
UK Export Finance (UKEF) has introduced a new online portal to facilitate credit insurance applications. The new portal allows companies to apply without completing PDF forms, significantly reducing application time and improving access to international trading opportunities.
NEWS
UK Export Finance (UKEF) has published its annual report on implementation of the Equator Principles (EP) covering the period from 1 January 2025 to 31 December 2025, in fulfilment of obligations under EP 10 (Reporting and Transparency). UKEF reached financial close on eight EP-scoped transactions during the period, spanning Project Related Corporate Loans and Project Finance across renewable energy, infrastructure, power, manufacturing and defence sectors in the Europe, Middle East & Africa and Asia Pacific regions. UKEF's Internal Audit and Assurance Division conducted an independent review of EP implementation, examining a representative sample of 10 transactions—seven Category A and three Category B—completed between 1 September 2023 and 31 August 2024, and identified no gaps in the EP implementation process. A further independent review will be due within three years.
NEWS
UK Export Finance (UKEF) has published its annual Impact Report, reporting £11 billion in loans, guarantees and insurance provided over the preceding 12 months, supporting an estimated 85,000 jobs across 37 countries and contributing up to £6.4 billion to gross domestic product (GDP). Concurrently, the government announced plans to introduce legislation in Parliament to modernise UKEF's mandate, intended to grant the agency new powers to strengthen economic resilience, secure critical supply chains and drive long-term growth across the country. Of the 616 firms directly supported, 66% were small and medium-sized enterprises. Notable transactions included a £1.5 billion export development guarantee to Jaguar Land Rover and financing for Thales UK in connection with defence equipment supplied to Ukraine.
NEWS
UK Export Finance (UKEF) has signed a Memorandum of Understanding (MoU) with GE Aerospace at the Farnborough International Airshow, establishing a financing framework valued at £750 million (USD 1 billion) over a five-year period. The MoU makes UKEF-supported financing available to qualifying airline customers for engine shop visits, specifically for overhaul and maintenance work on commercial aircraft engines, conducted at GE Aerospace's Maintenance, Repair and Overhaul facilities in Wales and Scotland. The framework intends to provide airlines with a streamlined financing process, upfront guidance on available financing amounts and multi-year financing approved in advance.