Sun, 21 July 2024

Newsletter sign-up

Subscribe now
The House Live All
By Ben Guerin
Press releases

Theresa May welcomes double-decker bus export deal

2 min read

Theresa May has hailed a deal to sell red double-decker buses to Mexico as evidence that the UK is a “great, global trading nation”.

The Prime Minister will visit the Alexander Dennis factory making the vehicles today to highlight the Government’s role in securing £44m in finance to secure the contract.

The Government says it has provided £1.7bn to help UK businesses export their products since the Department for International Trade was established last year.

Mrs May said: “We are building a truly global Britain by helping UK companies win multi-million pound contracts to export their products across the globe, and supporting high value jobs here in this country.

“Since last summer, the Government has provided over £1.7bn of backing for contracts for goods and services and will continue to maximise investment in the UK and seek exciting new opportunities ahead. 

“From exporting iconic red double-decker buses to Mexico, cutting-edge MRI systems to Australia or rail equipment to Bangkok, each one is an example of a great British success story and shows the UK is leading the way as a great, global trading nation.”

International Trade Secretary Liam Fox added: “As an international economic department, the Department for International Trade is putting export finance at the heart of trade promotion.

“The £1.7bn in financial support since last summer has helped 137 companies secure deals around the world, in 40 local currencies including the Mexican Peso. This has made buying from the UK more attractive than ever.

“There is global appetite for British goods and expertise, and UK firms such as Alexander Dennis are taking advantage of the opportunities in fast growing markets like Mexico, securing deals that will boost the UK’s exports and safeguard jobs back home.”

PoliticsHome Newsletters

PoliticsHome provides the most comprehensive coverage of UK politics anywhere on the web, offering high quality original reporting and analysis: Subscribe

Read the most recent article written by Josh May - David Davis: Brexit negotiations with the EU will get 'turbulent'


Engineering a Better World

The Engineering a Better World podcast series from The House magazine and the IET is back for series two! New host Jonn Elledge discusses with parliamentarians and industry experts how technology and engineering can provide policy solutions to our changing world.

NEW SERIES - Listen now