UK Export Finance used £5.24bn of taxpayer money to fund overseas energy and infrastructure ventures – despite its own review raising concerns
The British government has provided more than £5bn in the past three years to overseas energy and infrastructure projects linked to labour abuses and environmental damage, according to documents and interviews with workers.
The funding – a combination of loans and guarantees – comes from the government’s export credit agency, UK Export Finance (UKEF), a government department to help UK companies access business contracts overseas.
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