National Wealth Fund
Commons · Question 33588 · Tabled 25 Feb 2025 · Treasury · Official record
Answered 3 Mar 2025
Question
Asked by Gareth Davies
To ask the Chancellor of the Exchequer, with reference to Q110 of the oral evidence given by the Second Permanent Secretary to the Treasury Select Committee on 12 February 2025, which financial instruments will be available to the National Wealth Fund whi
Answer
Answered by Emma Reynolds, 3 Mar 2025
The Chancellor announced at the International Investment Summit on 14th October 2024 that the UK Infrastructure Bank (UKIB) would be transformed into the National Wealth Fund (NWF), building on UKIB’s expertise and leadership. To empower the NWF to maximi...