Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to his announcement on 18 June on the UK Infrastructure Bank, what plans he has to ensure that projects across all of the UK, including Northern Ireland will benefit from the bank.

The UK Infrastructure Bank is now operating in interim form and it is able to support projects across the entire UK, including Northern Ireland.

Currently the UKIB offers private sector financing. Once fully operational, the UKIB will invest in private and public sector projects that reflect the Bank’s two core objectives to tackle climate change and support regional and local economic growth.

As it builds its presence, the UKIB will actively pursue relationships with each of the devolved administrations as well as project sponsors, institutions and local leaders across the whole of the UK.