Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent assessment her Department has made of the potential impact of sovereign wealth fund partnerships on UK regional growth priorities.

This question was answered on 21st October 2025
Increasing economic growth is a strong priority of this Government and ensuring growth is felt in all regions of the UK is a core part of the Growth Mission. The Government recognises the important role that sovereign wealth fund partnerships can play in supporting this mission.

This Government has expanded the Office for Investment (OfI) including pursuing deeper investment collaboration with global sovereign wealth funds (SWFs) in support of our first Modern Industrial Strategy. The OfI manages multi-billion-pound Sovereign and Strategic Investment Partnerships with SWFs and provides a channel for collaboration. The OfI has already facilitated over £30bn in commitments and approximately £20bn in capital deployed from these partners, contributing to growth and prosperity across the country.