Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what the value is of Government funding to the National Wealth Fund that is unspent.

As of 14 October 2025, the National Wealth Fund has committed £7.5 billion to projects supporting the Government’s growth and clean energy missions, mobilising £16.2 billion in private finance. This is just over 25% of NWF’s £27.8 billion capitalisation.

The National Wealth Fund expects to commit the vast majority of its £27.8 billion financial capacity over the next five years.