National Wealth Fund

(asked on 29th May 2026) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how much Government funding to the National Wealth Fund is unspent.


Answered by
Lucy Rigby Portrait
Lucy Rigby
Chief Secretary to the Treasury
This question was answered on 3rd June 2026

The government has set the National Wealth Fund (NWF)’s total capitalisation at £27.8 billion which the NWF plans to deploy by 2030-31. This will help unlock economic growth and clean energy across the UK economy. As of the 1 June 2026, the NWF has committed £10.1 billion of its capital into different projects over the past five years. The remaining capitalisation of the NWF is £17.7 billion.

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