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National Wealth Fund

Asked by Seamus LoganScottish National PartyTreasuryTabled Answered 22 May 2026UIN 1350

The question

To ask the Chancellor of the Exchequer, when she plans to introduce the National Wealth Fund Bill.

Answered by Lucy Rigby

The National Wealth Fund already has the remit it needs to invest in a wide range of projects, businesses, and assets to drive growth across the UK.

HMG has provided NWF with a total capitalisation of £27.8bn and has invested £5.8bn since its launch in 2024.

The NWF’s recently published strategic plan will support 200,000 jobs and unlock over £100 billion of investment into the UK, without requiring new legislation.

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