Written Question·Treasury·UIN 8839

National Wealth Fund

Tabled: 14 October 2024

Answered: 17 October 2024

Named Day

Question

Clive Lewis

To ask the Chancellor of the Exchequer, whether organisations in receipt of funding via the National Wealth Fund will be required to (a) have a UK headquarters and (b) be UK taxpayers.

Answer

Tulip Siddiq

The National Wealth Fund (NWF) will mobilise billions of pounds of investment in the UK's world leading clean energy and growth industries. In order to be eligible for consideration for NWF finance, the project must meet the NWF’s investment principles, w...

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