Sovereign Wealth Funds

(asked on 4th September 2017) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what steps his Department has taken to establish a national sovereign wealth fund.


Answered by
Steve Barclay Portrait
Steve Barclay
Secretary of State for Environment, Food and Rural Affairs
This question was answered on 12th September 2017

The government is committed to supporting investment in the UK.

For example, in July the government launched the £400m Digital Infrastructure Investment Fund for investment in full fibre broadband across the country.

The government is also consulting on whether to introduce a national investment fund to channel investment into fast growing firms and support economic growth.

In addition, the National Productivity Investment Fund announced by the Chancellor last year is providing an additional £23bn of investment in areas like housing, transport and digital infrastructure.

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