National Wealth Fund

(asked on 29th October 2026) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the report entitled Impact at the National Wealth Fund: Investing across the nations and regions of the UK, published on 21October 2026, how many National Wealth Fund investments have been approved in each nation since the fund's establishment.


Answered by
Dan Tomlinson Portrait
Dan Tomlinson
Exchequer Secretary (Cabinet Office) (Jointly with HM Treasury)
This question was answered on 4th November 2026

The National Wealth Fund (NWF) has a mandate to invest across the UK, ensuring the benefits of its investments are felt in all four nations. It has dedicated directors based in Scotland, Wales and Northern Ireland to support the NWF's view of markets across each nation.

Based on closed and announced transactions up to and including 5 October, the NWF's portfolio comprised 90 investments across the UK, of which 71 investments are expected to impact England, 28 Scotland, 23 Wales and 8 Northern Ireland. Individual investments can impact more than one nation or region and therefore may be represented in more than one of these figures. Across all four regions, the NWF's investments to date are expected to create or support more than 83,000 jobs.

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