Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether funding decisions through the National Wealth Fund consider food supply chain resilience.

The National Wealth Fund does not provide grant funding, it invests in capital intensive projects and companies by offering financing in the form of debt, equity and guarantees.

The Statement of Strategic Priorities to the National Wealth Fund, issued by the Chancellor on 19 March 2025, sets out that the National Wealth Fund will prioritise investment into the Industrial Strategy sectors of clean energy, advanced manufacturing, digital and technologies, and transport, and support supply chain resilience across these priority sectors. The NWF remains flexible to invest in support of emerging government priorities and in response to changing market conditions.