National Wealth Fund
(asked on 15th May 2026) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, when will a Bill be brought forward to update the remit of the National Wealth Fund.
This question was answered on 26th May 2026
The National Wealth Fund already has the remit it needs to invest in a wide range of projects, businesses, and assets to drive growth across the UK.
HMG has provided NWF with a total capitalisation of £27.8bn and has invested £5.8bn since its launch in 2024.
The NWF’s recently published strategic plan will support 200,000 jobs and unlock over £100 billion of investment into the UK, without requiring new legislation.