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National Wealth Fund: Defence

Asked by Euan StainbankLabourTreasuryTabled Answered 25 November 2025UIN 92324

The question

To ask the Chancellor of the Exchequer, whether the £200m National Wealth Fund allocation to Grangemouth could be used for Ministry of Defence projects.

Answered by James Murray

As set out in the Chancellor’s Statement of Strategic Priorities to the National Wealth Fund, it should consider the role it can play in supporting the delivery of the wider Industrial Strategy, including in defence.

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