VerbatimParliament, as it happens

Roads: Freight

Asked by Sarah EdwardsLabourTreasuryTabled Answered 28 October 2024UIN 9971

The question

To ask the Chancellor of the Exchequer, whether her Department plans to support the road haulage industry to meet government net zero targets through the National Wealth Fund.

Answered by James Murray

The National Wealth Fund will invest in pursuit of the government’s growth and clean energy priorities to support the delivery of the Industrial Strategy and Britain’s acceleration to net zero. The National Wealth Fund will continue to invest in the UK Infrastructure Bank’s previous priority sectors, which include transport and clean energy.

Individual investments will be considered on a case-by-case basis in line with the NWF’s mandate and strategic priorities, which can be found on www.uknwf.org.uk.

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