VerbatimParliament, as it happens

National Wealth Fund

Asked by Sarah BoolConservativeTreasuryTabled Answered 3 June 2026UIN 4817

The question

To ask the Chancellor of the Exchequer, how much Government funding to the National Wealth Fund is unspent.

Answered by Lucy Rigby

The government has set the National Wealth Fund (NWF)’s total capitalisation at £27.8 billion which the NWF plans to deploy by 2030-31. This will help unlock economic growth and clean energy across the UK economy. As of the 1 June 2026, the NWF has committed £10.1 billion of its capital into different projects over the past five years. The remaining capitalisation of the NWF is £17.7 billion.

Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →

Open this question in Verbatim →

Every written question, searchable

155,000 questions tabled since the election, with the answer each department gave — and the ones still unanswered, with the clock running. Free to search.

Search written questions →Read on Verbatim