Oral Question·Treasury
“What fiscal steps he is taking to encourage investment in the defence sector.”
Tabled: 25 October 2023Answered: 31 October 2023
Answering Minister
the Chancellor of the Exchequer
Answer from Hansard
James Murray
The National Wealth Fund is at the forefront of public investment, investing in early-stage companies and projects to support innovation, boost jobs and create growth. It will work closely and collaboratively with other public financial institutions such as the British Business Bank, Innovate UK and UK Research and Innovation to support innovative companies across the UK.