Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the National Wealth Fund Impact Report 2026, what estimate he has made of the amount of public and private finance mobilised in each UK nation since the fund’s establishment.

The NWF has a mandate to invest across the UK, ensuring the benefits of its investments are felt in all four nations. Since its inception in July 2024, the NWF has committed £10.9bn, mobilising £21bn of private finance across the UK. The NWF’s investments include £6.1bn for England, £2.9bn for Scotland, £441m for Wales and £85m for Northern Ireland.