Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what the Government's planned timetable is for introducing legislation to establish the National Wealth Fund.

The National Wealth Fund (NWF) has been established and can operate under the UK Infrastructure Bank Act 2023. The government will bring forward new legislation when parliamentary time allows to broaden its mandate beyond infrastructure and cement its position as a permanent institution at the heart of the country’s long-term growth and prosperity.