Create a Norwegian-style UK Sovereign Wealth Fund
Background
Create a UK Sovereign Wealth Fund, based on Norway’s model, to invest wealth for future generations. Use long-term investment returns to strengthen public finances, reduce debt, fund infrastructure and public services, and build a more resilient economy.
Additional details
We believe a UK Sovereign Wealth Fund should be established as an independent, professionally managed investment fund owned by the British people. Initial capital could come from revenues generated by natural resources, energy projects, selected government asset sales, and other one-off receipts. The fund should invest globally and reinvest returns, creating a permanent national asset that strengthens public finances and benefits both current and future generations.
Where it’s popular
Constituencies with the most signatures on this petition.
Source: UK Government & Parliament Petitions service. Petition ID: 778102.