Written Question·Treasury·UIN 35382
National Wealth Fund
Tabled: 4 March 2025
Answered: 7 March 2025
Named DayQuestion
Gareth Davies
Conservative — Grantham and Bourne
To ask the Chancellor of the Exchequer, with reference to the Chief Secretary to the Treasury's oral contribution of 4 March 2025, Official Report, what her policy is on the operational independence of the National Wealth Fund.
Answer
Darren JonesThe National Wealth Fund is operationally independent and has delegated authority to make investment decisions, subject to those investments meeting certain conditions agreed with HM Treasury. An investment made by the National Wealth Fund would need to h...
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