National Wealth Fund
Commons · Question 35380 · Tabled 4 Mar 2025 · Treasury · Official record
Answered 7 Mar 2025
Question
Asked by Gareth Davies
To ask the Chancellor of the Exchequer, with reference to the Chief Secretary to the Treasury's oral contribution of 4 March 2025, Official Report, what is the process for approval by the National Wealth Fund of a proposed business case for investment; an
Answer
Answered by Darren Jones, 7 Mar 2025
The National Wealth Fund considers business cases for investments on a case-by-case basis, supporting proposals that fall within the scope of its mandate and investment principles. An investment made by National Wealth Fund would need to have satisfied it...