questionText: To ask the Secretary of State for Business and Trade, how many applications to the Shipbuilding Credit Guarantee Scheme her Department has approved.
answerText: As of 15 December 2023, 31 enquiries about the Shipbuilding Credit Guarantee Scheme have been received since its launch in July 2023. No transactions have yet proceeded to approval stage although discussions with lenders, yards and buyers remain ongoing.
heading: Shipbuilding Credit Guarantee Scheme