National Wealth Fund
Commons · Question 35382 · 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 her policy is on the operational independence of the National Wealth Fund.
Answer
Answered by Darren Jones, 7 Mar 2025
The National Wealth Fund is operationally independent and has delegated authority to make investment decisions, subject to those investments meeting certain conditions agreed with HM Treasury. An investment made by the National Wealth Fund would need to h...