National Wealth Fund
(asked on 12th March 2025) - View Source
Question to the HM Treasury:
To ask His Majesty's Government what plans they have to introduce legislation to change the remit of the National Wealth Fund.
This question was answered on 25th March 2025
The Government will introduce legislation as soon as parliamentary time allows to broaden the National Wealth Fund’s legislative remit beyond infrastructure.
The Government published the National Wealth Fund’s new Statement of Strategic Priorities on 19 March. It directs the National Wealth Fund to prioritise investment into the clean energy, advanced manufacturing, digital and technologies, and transport sectors. It can already invest in infrastructure projects in these areas.