Written questions

National Wealth Fund: Staff

Commons · Question 26513 · Tabled 27 Jan 2025 · Treasury · Official record

Answered 3 Feb 2025

Question

Asked by Gareth Davies

To ask the Chancellor of the Exchequer, if she will make an estimate of the number of staff within the National Wealth Fund that did not previously work for the UK Infrastructure Bank.

Answer

Answered by Darren Jones, 3 Feb 2025

The Chancellor announced at the International Investment Summit on 14th October 2024 that the UK Infrastructure Bank would be transformed into the National Wealth Fund (NWF), This change took effect on that day. All UKIB staff were retained as part of the...