Industry and Exports (Financial Assistance) Bill: HL Bill 170 of 2024–26

Type: Lords Library Note (LLN-2026-0004) The bill is a short, technical bill with two substantive clauses. The bill would amend existing legislation to increase the statutory limits on financial assistance the government can provide to support UK industry and exports. It would do this by increasing the funding limit in the Industrial Development Act 1982 to £20bn and in the Export and Investment Guarantees Act 1991 to £160bn.