Question to the HM Treasury:
To ask His Majesty's Government what projects the UK Infrastructure Bank is currently considering in each region of the UK.
The UK Infrastructure Bank (UKIB) was launched in June 2021 to provide infrastructure finance to tackle climate change and support regional and local economic growth across the UK.
The Bank is an operationally independent institution and responsible for making its own investment decisions within the scope of its remit. The disclosure of information related to the projects the Bank is currently considering is market sensitive and therefore not shared publicly.
UKIB publishes on its website all announcements on deals it has financed. In the last 12 months UKIB have announced 8 deals, committing nearly £0.9 billion of investment across the UK. This includes funding the expansion of fibre rollout across England, Scotland, Wales and Northern Ireland.